Investors did not react to the announcement of a better-than-expected economic growth in the fourth quarter. Romania’s gross domestic product grew by 3.5% in 2013, after a 5.2% annual increase in the fourth quarter. Against the third quarter, the GDP growth was 1.7% in seasonally adjusted data.
Both the quarterly growth and the 2013 growth were the largest in the EU, according to Eurostat data, which showed positive performances from most important economies in the euro-zone.
The Bucharest bourse’s main index BET was up 12.68 points, or 0.20%, at 6.374,07, while composite index BET-C lost 11.68 points, or 0.36%, to 3.256,73.
BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional investment funds SIFs, lost 0.45% on the day, at 31.081,53.
Bucharest benchmark index BET-BK finished the session at 1.245,43, down 1.11% on the day, while energy stocks tracker BET-NG fell 0.72% to 645.28.
The wider BET-XT closed at 591.90, up 0.05% on the day.
Overall trading reached 35.7 million lei (EUR7.9 million), lower from RON45.5 million Thursday.
Top-traded stocks included Fondul Proprietatea, SIF Transilvania (SIF3.RO), OMV Petrom (SNP.RO) and Banca Transilvania (TLV.RO).