However, SIF Transilvania (SIF3.RO) was the star of the trading session, with its shares rising 3.1%, after the fund announced a record dividend.
BET gained 0.22% on the day, to 5,371.63, kept in the green by the 3.75% rise seen by Banca Transilvania (TLV.RO). However, the general index BET-C dropped 0.49% on the day, to 3,128.31, on a 1.65% decline seen by Fondul Proprietatea (FP.RO).
BET-FI fell 0.54% to 25,882.19, as SIF Transilvania’s increase could not offset declines of the other four regional investment funds (SIFs) and of Proprietatea.
SIF Transilvania trades amounted to more than half of the share transactions. Friday, the SIF proposed to pay a gross dividend of 0.1712 lei (EUR0.039) per share, almost six times higher than RON0.03 in the previous year, as its net profit tripled in 2011 to RON207.7 million. On Monday, the fund closed at RON0.72 a share, after trades worth almost RON18 million.
The bourse’s overall traded value was at RON47.6 million (EUR10.9 million), of which just RON35.5 million were transactions with shares, as RON9.7 million came from bond trades and almost RON2.5 million from the structured products’ market.
The index tracking energy companies, BET-NG, fell 0.56% to 715.63, as Rompetrol Rafinare (RRC.RO) fell 2%, while Transelectrica (TEL.RO) erased 0.35% of its share price. The heaviest issuer of the energy index, OMV Petrom (SNP.RO), closed flat at RON0.425.
Among the SIFs, SIF Banat-Crisana (SIF1.RO) saw the greatest decline, at 3.47%, while SIF Moldova (SIF2.RO) managed to end up 0.35%. (EUR1=RON4.3514)