The international bourses were mostly in green as investors are expecting a closing on a Greece debt deal rather sooner than later.
The Bucharest stock exchange’s composite index BET-C closed up 1.04% on the day, to 3,002.11, while BET index pushed 1.35% higher, to 5,103.51.
BET-FI, the index tracking the five regional investment funds (SIFs) and Fondul Proprietatea (FP.RO), inched up 0.76% on the day, to 25,163.12. Proprietatea shares fell 0.2%, after touching an 8-month high during the session at 0.5385 lei (EUR0.12) a share. They closed at RON0.532, after trades worth a total RON10.5 million, including a special deal of RON2.1 million.
The BET Extended index, or BET-XT, rose 1.2% on the day. The index tracking energy companies, BET-NG, gained 1.8%, lifted by OMV Petrom (SNP.RO) 4.4% rise. Brokers put Petrom’s share increase on expected good financial results, as the company’s is
Trades unfolded on the stock exchange Monday amounted to 40 million lei (EUR9.6 million), but RON5.86 million came from deal market trades in the Proprietatea fund and lender BRD-Groupe Societe Generale (BRD.RO).
SIF Oltenia (SIF5.RO) stocks rose 0.56% on the day, to RON1.446, while SIF Transilvania (SIF3.RO) closed at RON0.672 a share, up 1.2% on the day.
Among decliners, Concefa lost a hefty 14.4%, as the company has recently sought creditors protection in court, and Condmag (COMI.RO) dropped 2.9%. (EUR1=RON4.3535)