According to a draft act of the Finance Ministry, the maximum ownership limit in the SIFs, which currently stands at 5%, could be eliminated, while the ownership threshold in market operators may be raised to 20% from 5%.
The Bucharest bourse’s main index BET was down 8.20 points, or 0.11%, at 7.231,95, while BET Plus closed down 0.13%, or 1.35 points, to 1.070,92. Total return index BET-TR was down 0.11%, at 7.897,47.
BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional investment funds SIFs, gained 2.67% on the day, at 31.832,20. Fondul Proprietatea lost 0.53% while the SIFs gained between 2.58% and 5.63%.
Bucharest benchmark index BET-BK finished the session at 1.322,26, up 1.04% on the day, while energy stocks tracker BET-NG fell 0.18% to 728.08.
The wider BET-XT closed at 651.51, up 0.45% on the day. (EUR1=RON4.4067)