The Bucharest bourse’s composite index BET-C closed 1.5% higher on the day, touching a fresh six-month high at 2,943.17.
The BET index rose 0.8% from Tuesday’s closing level, while BET-FI, which tracks Fondul Proprietatea (FP.RO) and the SIFs, gained 2.5%. The SIFs were 2.3% to 3.8% higher, while Proprietatea ended up 0.7%.
The extended blue-chip index BET-XT rose 1.4%, while energy stocks tracker BET-NG increased 2.8%.
The bourse’s overall traded value was close to 71 million lei (EUR16.3 million), with RON20 million coming from deal market trades with stakes in BRD-Groupe Societe Generale (BRD.RO) and Fondul Proprietatea.
On the main market, Proprietatea remained the top traded issuer, with trades worth RON21.2 million. The fund’s shares continued their advance in the past weeks, ending at RON0.513, the highest in six months.
SIF Moldova (SIF2.RO) rose 3.8% to RON1.4 a share, on a traded value of RON6.8 million, while SIF Transilvania (SIF3.RO) stocks gained 3.8% as well, to RON0.6435, on trades worth RON4.9 million.
OMV Petrom (SNP.RO) shares rose 2.2%, Transgaz (TGN.RO) gained 2.7%, but Banca Transilvania (TLV.RO) stocks fell 1.7%. (EUR1=RON4.3447)