In early session Thursday, Fondul Proprietatea was trading at the highest level since January 25, 2011, when the fund was first listed on the bourse. Its shares hit the highest level, of RON0.675/unit, on January 25, 2011, when they closed at RON0.6495/unit.
The local bourse’s BET index ended up a mere 0.08% from Wednesday’s closing level, and general index BET-C fell 0.25%.
BET-FI, which tracks Fondul Proprietatea and the five regional investment funds (SIFs), ended up 0.31%.
The bourse’s overall traded value amounted to 40.3 million lei (EUR9.1 million). Some RON37million came from share trades and about RON3.3 million from transactions with structural products.
On the main market, Proprietatea was top traded issuer with share trades amounting to RON14.5 million. It was followed by Erste Group Bank (EBS.RO) with RON4.06 million.
Besides the regular market values, Proprietatea contributed RON11.7 million through four special deals.
Bucharest benchmark index BET-BK closed down 0.14%, and extended blue-chip index BET-XT dropped 0.05%, dragged down mainly by BRD – Groupe Societe Generale (BRD.RO), which fell 1.42%, and OMV Petrom (SNP.RO), with a 0.06% decrease.
Energy stocks tracker BET-NG lost 0.63%, weighed down by Petrom, Transelectrica (TEL.RO), which fell 1.6%, and Rompetrol Rafinare (RRC.RO), with a 3.55% decrease. (EUR1=RON4.3924)