The BET-FI index closed up 2.03% on the day, to 18,747.72, as the SIFs rose 2.6% on average, while Fondul Proprietatea (FP.RO) increased 0.47% on the day, to 0.445 lei (EUR0.1). The SIFs continued to post robust increases, following Parliament debates on raising the maximum ownership limit in the funds to 5% from the current 1%.
The stock exchange’s BET index closed up 0.93% on the day, at 4,554.84. Meanwhile, the composite index BET-C gained 0.83% to 2,780.34.
Wider blue-chip tracker BET-XT rose 1.37% on the day, while the index tracking energy companies, BET-NG, was up 1.05%.
Trades unfolded Friday on the stock exchange amounted to RON23.23 million (EUR5.34 million), lower from RON41 million in the previous session.
The Proprietatea fund was the top-traded issuer, as its stocks were involved in deal and main market transactions worth a total RON5.3 million.
SIF Transilvania (SIF3.RO) was the second-top traded issuer. Its shares rose 3.47% on the day, to RON0.5225, on a traded value of RON3.13 million.
Other popular stock included Erste, which dipped 0.7% to RON63.7, and Transelectrica (TEL.RO), which rose 1.12% to RON18. (EUR1=RON4.3479)