End-November 2013, the Bucharest Stock Exchange announced its daily trading session will be extended by more than one hour as of January 3, 2014 to overlap more with European trading hours.
The bourse’s overall liquidity reached 35.47 million lei (EUR7.9 million) at the end of Friday’s closing session, and the transfers with shares of Romgaz (SNG.RO) and Fondul Proprietatea (FP.RO) secured RON8.08 million and RON6.41 million, respectively.
The overall turnover on the shares segment was backed by several transfers with the shares of OMV Petrom (RON2.02 million), Banca Transilvania (RON1.55 million lei) and BRD (RON1.21 million).
The Bucharest bourse’s BET index closed down 0.13%, while composite index BET-C rose 0.11%.
Investment fund tracker BET-FI reversed its loss in early session Friday and climbed 0.63%, while energy stocks tracker BET-NG lost 0.09%.
Extended blue-chip index BET-XT fell 0.1%, while Bucharest benchmark index BET-BK closed flat.
The Bucharest market grew more than 20% in 2013. Despite the significant rises in 2013, BET and BET-C–the main indexes of the Bucharest market–are still down 40% and 55%, respectively, from their all-time highs reached in 2007, before the start of the global financial crisis. (EUR1=RON4.4882)