Boc said earlier Monday he was stepping down and giving up the government’s mandate, after weeks of political turmoil and social unrest.
As soon as the announcement was broadcast, the stock market posted a sharp drop at around 12:00 local time (GMT1000). Later, it recovered some of the ground lost, but it remained in the red throughout the session.
The stock exchange’s composite index BET-C closed down 1.15% to 2,933.02, while main index BET fell 1.24% to 4,942.61.
BET-FI, the index tracking the regional investment funds (SIFs) and Fondul Proprietatea (FP.RO), dipped 0.4% on the day, to 23,657.15.
The BET Extended index, or BET-XT, dropped 1.05% on the day, to 469.34, while the index tracking energy companies, BET-NG, fell 0.97% to 687.81.
Trades unfolded on the stock exchange Monday amounted to 67.48 million lei (EUR15.54 million), with RON11.2 million coming from a deal market trade in lender BRD-Group Societe Generale (BRD.RO). Friday, the overall traded value was of RON67.42 million.
Fondul Proprietatea (FP.RO) was the top-traded issuer Monday. Its shares dipped 0.2% on the day, to RON0.52, on a traded value of RON24.39 million.
Regional investment fund SIF Oltenia (SIF5.RO) was the second-top traded issuer. Its stocks dropped 0.9% to RON1.298, on a traded value of RON7.1 million.
Aside from the Proprietatea fund and the SIFs, popular stocks included OMV Petrom (SNP.RO), which fell 1.9%, and Erste Group Bank (EBS.RO), which dropped 0.38%. (EUR1=RON4.342)