The Romanian market opened down 1.4%, but most shares returned to gains after the first 15 minutes, as European bourses pushed higher.
But the local bourse could not keep its gains and returned to negative territory after some 20 minutes.
At around 11:51 local time (GMT0851), the bourse’s general index BET-C was down 0.7% from Wednesday’s closing value, while the main index BET was down 0.9%
BET-FI, the index tracking Fondul Proprietatea (FP.RO) and the regional investment funds, or SIFs, was down 0.2%.
The extended blue-chip index BET-XT was losing 0.6%, while energy stocks tracker BET-NG recorded the largest fall, of 1.4%.
The bourse’s total traded value was at 14 million lei (EUR3.3 million) at around 11:55, supported mainly by trades with Proprietatea fund and the financial stocks. (EUR1=RON4.262)