The fund’s buyback program started on October 1 and is due to be completed on November 27, 2015.

The fund said that, in November, it will ask for shareholders’ approval to start a fifth buyback program, as soon as the shares bought under the fourth program are cancelled and the Financial Supervisory Authority endorses the operation.

Friday, investors traded shares worth 13.06 million lei (EUR2.96 million). A lower liquidity, of just RON12.76 million, was last registered on July 29.

The Bucharest bourse’s main index BET was up 17.52 points, or 0.24%, at 7.246,34, while BET Plus closed up 0.28%, or 3.01 points, to 1.073,34.

BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional investment funds SIFs, gained 0.59% on the day, at 30.838,10. Fondul Proprietatea gained 0.26% while the SIFs closed mixed.

Bucharest benchmark index BET-BK finished the session at 1.305,26, up 0.59% on the day, while energy stocks tracker BET-NG rose 0.26% to 727.01.

The wider BET-XT closed at 648.22, up 0.33% on the day. (EUR1=RON4.4114)