At around 10:38 am, the Bucharest stock exchange’s composite index was up 1.6% from Thursday’s closing level, while the main index BET was up 2%.
Financial stocks were leading the increase with Banca Transilvania (TLV.RO) shares up 3.15%, and Erste Bank (EBS.RO) gaining 3%. Fondul Proprietatea (FP.RO and the regional investment funds, SIFs, were all gaining more than 2%, and the BET-FI index was 2.3% higher than Thursday’s closing value.
The extended blue-chip index BET-XT was up 2.1%, while the energy stocks tracker BET-NG was lagging behind, with a 1% increase.
The bourse’s overall traded value amounted to 10.2 milion lei (EUR2.4 million) at some 10:38.
Fondul Proprietatea was again leading the traded issuers top, followed by the SIFs, Transgaz (TGN.RO) and Banca Transilvania.