The national currency’s official rate also fell to an all-time low of 4.4715 against the euro Wednesday, after the ruling coalition announced it would start proceedings to impeach President Traian Basescu.
The Bucharest bourse’s composite index BET-C dropped 2.97%, to 2,565.51. Blue chip index BET lost 3.21%, to 4,551.91.
The BET-FI index, which tracks the five regional investment funds (SIFs) and Fondul Proprietatea (FP.RO), closed 2.77% lower, as all issuers closed in red territory.
Fondul Proprietatea fell 4.47%, to 0.459 lei (EUR0.1) a share.
The extended blue-chip index BET-XT ended 2.95% lower. The Bucharest bourse’s new tracker, benchmark index BET-BK, also closed in red, losing 2.26%. Erste Group Bank (EBS.RO) lost 0.44%.
Energy stocks tracker BET-NG fell 1.45%, weighed down by OMV Petrom (SNP.RO), which dropped 3.24% to RON0.3701 a share. Transelectrica (TEL.RO) and Rompetrol Rafinare (RRC.RO) lost 0.94% and 2.3%, respectively. Transgaz (TGN.RO) added only 0.01% and was unable to prevent the downfall.
The bourse’s overall traded value stood at RON23.2 million (EUR5.2 million). Share trades amounted to RON22.5 million (EUR5.03 million). Proprietatea was again the top-traded issuer on the main market, with share transactions of RON9.7 million. (EUR1=RON4.4715)