Bourse operator BVB (BVB.RO) decided to raise the maximum allowed price variation limit to 40% from 15% for Azomures, since news of a potential takeover of the company boosted demand. Thus, Azomures jumped 39.9% on the day, to RON1.178

The stock exchange’s composite index BET-C dropped 1.52% on the day, to 2,795.41, while the main index, BET, dropped 1.82% to 4,579.62.

BET-FI, the index tracking the main investment funds, fell 1.1% on the day, to 17,109.55.

Wider blue-chip tracker BET-XT fell 1.87% on the day, while the index tracking energy companies, BET-NG, dropped 1.54% to 651.63.

Trades unfolded Monday on the stock exchange amounted to 26.9 million lei (EUR6.22 million).

Fondul Proprietatea (FP.RO) was the top-traded issuer. Its stocks dipped 0.84% on the day, to RON0.451, on a traded value of RON10.71 million.

Lender BRD-Groupe Societe Generale (BRD.RO) was the second-top traded issuer. Its shares fell 2.35% on the day, to RON11.2, on a traded value of RON4.24 million.

Other popular stock included Oltchim (OLT.RO), which dropped 5.94% and Erste Group Bank (EBS.RO), which fell 4.26% on the day. (EUR1=RON4.3243)