The bourse’s overall traded value stood at 109.2 million lei (EUR24.2 million), similar with RON108.7 million the day before. Share trades amounted to RON105.6 million (EUR23.4 million), of which RON93.6 million was the value of the special deal with Proprietatea shares.
Investment management company City of London, the second largest stockholder of Proprietatea fund, said Friday it sold part of the fund’s shares and bought warrants with active support for a similar number of shares in the fund. At the end of the operation, its participation remained unchanged, namely at 9.43% of all Proprietatea shares. City of London owns a 4.18% stake and warrants issued by RBS for another 5.25% of all Proprietatea shares.
The Bucharest bourse’s composite index BET-C was down 0.15% from Thursday’s closing level, while blue chip index BET fell 0.12%.
The BET-FI index, which tracks the five regional investment funds (SIFs) and Proprietatea, closed 0.45% higher.
The extended blue-chip index BET-XT increased a mere 0.06%, and benchmark index BET-BK inched 0.02% lower. Also, energy stocks tracker BET-NG ended up 0.15%.
Proprietatea was the top-traded issuer on the main market as well, followed by OMV Petrom (SNP.RO), lender BRD-Groupe Societe Generale (BRD.RO), SIF Transilvania (SIF3.RO) and SIF Oltenia (SIF5.RO). (EUR1=RON4.5125)