The Bucharest Stock Exchange’s composite index BET-C opened 0.21% higher, but switched to losses shortly after. At around 10:40 local time, the index was down 0.38%, while the main index BET was losing 0.36%.

BET-FI, which tracks the regional investment funds SIFs and Fondul Proprietatea (FP.RO), edged down 0.19%. The wider BET-XT declined at a similar pace, while energy index BET-NG dropped 0.38%.

Overall trading was 2.37 million lei (EUR0.5 million), down from around RON7 million Wednesday morning.

Fondul Proprietatea ensured nearly half of this morning’s liquidity, with total deals worth RON1.04 million.

Other popular stocks included regional investment funds SIF Oltenia (SIF5.RO) and SIF Moldova (SIF2.RO), power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO).