The Bucharest Stock Exchange’s composite index BET-C fell 0.82% to 2,596.95, while the main index BET dropped 0.23% on the day, to 2,596.95.
BET-FI, the index tracking the five regional investment funds, or SIFs, and Fondul Proprietatea (FP.RO), declined 1.25% on the day, to 16,979.53.
Wider blue-chip index BET-XT fell 0.73%, while the index tracking energy companies, BET-NG, inched up 0.03% on the day.
Trades unfolded on the Bucharest Stock Exchange Monday amounted to 26.63 million lei (EUR6.19 million), compared to RON45.6 million Friday.
Fondul Proprietatea (FP.RO) was the top-traded issuer. Its shares fell 0.58% to RON0.43, on a traded value of RON6.56 million. In addition, the Proprietatea fund was involved in 3 deal market trades, worth a total RON7.74 million.
SIF Oltenia (SIF5.RO) was the second-top traded issuer. Its shares dropped 6.23% on the day, to RON0.933, on a traded value of RON2.63 million.
Other popular stock included Erste Group Bank (EBS.RO), which jumped 15.21%, and Banca Transilvania (TLV.RO), which closed flat at RON0.9.
The bourse raised the maximum variation limit to 25% on Erste stocks, as opposed to the usual 15% ceiling, since the lender’s stock price rose above the limit.
Erste shares rose on the local market in sync with the increase registered on the Vienna bourse, the issuer’s main market. Erste market makers on BVB (BVB.RO) need to maintain the share price at levels similar to those in Vienna. (EUR1=RON4.2984)