Stock markets in the US and in Europe rallied on news that Germany decided to expand the European rescue fund, and economic results in the US overshot expectations.
The Bucharest Stock Exchange’s composite index BET-C gained 0.7% on the day, to 2,661.96, while the BET index rose 0.94% to 4,342.81.
SIF tracker BET-FI rose 1.3% on the day. The Proprietatea fund gained 2.06% on the day, to 0.445 lei (EUR0.1), while the five regional investment funds, or SIFs, rose 0.96% on average.
The index tracking energy companies, BET-NG, closed down 0.23% on the day, to 599.66, while the BET Extended index, or BET-XT, gained 0.99% on the day.
Share trades unfolded Thursday on the Bucharest Stock Exchange amounted to RON29.67 million. The Proprietatea fund was today’s top-traded issuer, since its stocks were involved in deal and main market transactions worth RON18.3 million.
SIF Oltenia (SIF5.RO) was the second-top traded issuer. Its shares rose 0.83% on the day, to RON0.973, on a traded value of RON2.73 million.
Other popular stock included Antibiotice (ATB.RO) which rose 4.38% and Ropharma (RPH.RO), which dropped 1.52% on the day.
The bourse’s overall traded value was lifted by several bond deals to almost RON93 million (EUR21.5 million). (EUR1=RON4.3218)