At around 11:00 local time (GMT0900), the Bucharest bourse’s BET index was up 0.31% from Wednesday’s closing level, while composite index BET-C was gaining 0.33%.
Bucharest stocks lot about 0.4% on Wednesday, following the trend of the foreign exchanges. But US markets closed virtually flat yesterday, and the European stocks were also almost unchanged this morning, and the local market returned to growth, on low volumes.
The value of share transfers in the first hour of the Bucharest session barely reached 2.2 million lei (EUR0.5 million), with Romgaz (SNG.RO) and Transelectrica (TEL.RO) being the most traded stocks. Romgaz was up 0.3%, and Transelectrica gained 0.7%.
BET-FI, which tracks the main investment funds, was up 0.58%, as Fondul Proprietatea (FP.RO) was again on an upward trend, rising 0.2%, while SIF Transilvania (SIF3.RO) traded 1.5% higher.
Bucharest benchmark index BET-BK was up 0.51%, and BET-XT was gaining 0.4%. Energy sector index BET-NG was increasing 0.29% on the day.