At around 11:30 local time (GMT0930), the Bucharest bourse’s BET index was down 0.58% from Monday closing level, as Fondul Proprietatea (FP.RO) and Banca Transilvania (TLV.RO) were losing around 1%. The major energy stocks–Transgaz (TGN.RO), Romgaz (SNG.RO), and OMV Petrom (SNP.RO)–were trading down 0.4%-0.5%.
Composite index BET-C was down 0.44%, while extended blue-chip index BET-XT was losing 0.67%.
BET-FI, which tracks the SIFs and Fondul Proprietatea, was down 1%. The SIFs were losing between 0.5% and 1.5%, after gains of 1%-3% on Monday.
Bucharest benchmark index BET-BK was down 0.59%, while energy sector index BET-NG was declining 0.4%.
The bourse’s traded value was not very high, as share transfers were at 4.9 million lei (EUR1.1 million) after 90 minutes of trading. The shares of the investment funds and of the energy companies were attracting almost all interest, but neither issuer managed to gather a traded value of more than RON0.8 million. (EUR1=RON4.5366)