The Bucharest bourse’s BET index ended down 1.23% from Friday closing level, and general index BET-C decreased 1.02%.
The local market stayed in red throughout the day, as foreign markets were stunned by news of a tax on bank deposits that should be introduced by Cyprus as a requirement to receive a EUR10 billion financial aid.
The local bourse’s overall traded value reached 77.93 million lei (EUR16.74 million), fueled by special deals with Fondul Proprietatea stock totaling RON56.07 million.
Proprietatea was the most traded issuer on the regular market as well, with trades worth RON6.33 million. In closed flat on the day, at RON0.6305 per share.
BET-FI, which tracks Proprietatea and the five regional investment funds (SIFs), closed 0.65% lower, dragged down by SIF Muntenia (SIF4.RO), which fell 1.5%, SIF Moldova (SIF2.RO), which lost 1.3%, and SIF Transilvania’s (SIF3.RO) 1.2% decrease.
Bucharest benchmark index BET-BK dropped 1.22%, and extended blue-chip index BET-XT closed down 1.12%.
Energy stocks tracker BET-NG ended 1.27% lower, with both OMV Petrom (SNP.RO) and Transelectrica (TEL.RO) losing 1.8%.
Among the bank stocks, BRD-Groupe Societe Generale (BRD.RO) was down 1.7%, while Banca Transilvania (TLV.RO) declined 1.1%. (EUR1=RON4.417)