The Bucharest bourse opened almost flat, while the European markets were growing, but later turned to losses in sync with foreign markets. The European exchanges switched trend again before noon, but the local market stayed in red until closing.
BET index closed at 4,625.59, down 0.55% on the day, while the Bucharest bourse’s composite index BET-C fell 0.52% to 2,622.91
The traded values were low, with the overall turnover at 15.8 million lei (EUR3.5 million). The value of share trades was even lower, at RON12.9 million, similar to Wednesday’s figure.
Fondul Proprietatea accounted for more than half of the turnover. The fund’s shares closed down 1.2% at RON04841, on a traded value of RON7.1 million.
BET-FI, which tracks Proprietatea and the regional investment funds (SIFs), fell 0.62% to 20,081.69. SIF Transilvania (SIF3.RO) dropped 1.95% and SIF Moldova (SIF2.RO) was down 0.48%, but SIF Muntenia (SIF4.RO) closed up 0.5%.
The extended blue-chip index BET-XT went down 0.5%, while energy sector index BET-NG dropped 0.3%. (EUR1=RON4.4662)