At Friday’s opening, Proprietatea dropped 0.49% to almost hit the threshold price of 0.5 lei (EUR0.11), in the aftermath of a court ruling which annulled several decisions taken by Fondul Proprietatea’s shareholders, including the appointment of Franklin Templeton as sole manager of the fund.
The bourse’s overall traded value stood at RON10.4 million (EUR2.2 million). Share trades amounted to RON9.7 million (EUR2.1 million), with RON3.1 million coming from transactions with Proprietatea shares.
Composite index BET-C climbed 0.37%, and blue chip index BET rose 0.76%.
The BET-FI index gained 0.75%. Fondul Proprietatea traded up 0.49% to RON0.51.
The extended blue-chip index BET-XT rose 0.73%, and benchmark index BET-BK added 0.64%.
Energy stocks tracker BET-NG ended up 0.26%. (EUR1=RON4.5658)