The Bucharest Stock Exchange’s BET index rose 6.3% on the day, to 4,551.61, led by Transelectrica (TEL.RO) and Biofarm (BIO.RO), whose shares gained more than 11%. Banca Transilvania (TLV.RO) and the Bucharest market operator BVB (BVB.RO) came close, with their stocks up almost 10%.
The bourse’s general index BET-C closed up 4.5% on the day, at 2,747.02, while BET-FI, the index tracking the main investment funds, jumped 5.3% to 16,904.3.
Wider blue-chip tracker BET-XT gained 5.8% on the day, while BET-NG, the index tracking energy companies, rose 6.5%.
Trades unfolded Friday on the Bucharest bourse amounted to a solid 74.45 million lei (EUR17.25 million), compared to RON41.67 million previously, fueled by a deal with BRD-Groupe Societe Generale (BRD.RO) shares. A 0.28% stake in BRD was traded on the deal market for RON23.1 million. The lender’s shares closed up 6.36% on the day, to RON11.
Investment fund Fondul Proprietatea (FP.RO) was Friday’s top-traded issuer on the regular market. Its stocks gained 3.84% to RON0.4517, on a traded value of RON23.36 million.
Erste Group Bank (EBS.RO) was the second-top traded issuer. Its shares gained 4.59% to RON89.95, on a traded value of RON2.95 million.
Other popular stock included Banca Transilvania, which jumped 9.83% on the day, and SIF Oltenia (SIF5.RO), which climbed 4.76%. (EUR1=RON4.3146)