SIF Muntenia shares rose 8% to 0.75 lei (EUR0.17) in the first trading day after being suspended since last Thursday for the stakeholders meeting as the fund delayed to announce the decisions made at the meeting.
BET-FI, the index tracking the SIFs and Fondul Proprietatea (FP.RO), was lifted by a positive performance of all the five SIFs and ended up 1.5%, despite a 0.3% fall in Proprietatea stock.
On the other hand, the Bucharest bourse’s main indexes, BET and BET-C, closed almost unchanged, as both were down a mere 0.3%.
Banca Transilvania (TLV.RO) and Transgaz (TGN.RO) were up 0.4% from Thursday closing levels, while OMV Petrom (SNP.RO) fell 0.4%.
The bourse’s overall traded value was 64.9 million lei (EUR14.8 million), the highest this week, lifted by some deals with SIF Banat-Crisana (SIF1.RO) shares worth a total RON22.4 million. A stake of 3.8% in the fund was transferred in four trades concluded on the deal market at RON1.07 a share, up 3.5% on previous closing price. On the regular market, SIF Banat-Crisana closed at RON1.03 a share, up 0.4% on the day.
Another push for the bourse’s turnover came from three bond deals, totaling RON16.5 million.
As usually, the most traded issuers were in the financial sector, with Proprietatea and the SIFs accounting for around 90% of the values traded on the main market. (EUR1=RON4.3745)