At around 11:00 local time (GMT0800), the Bucharest bourse’s BET index was falling 0.82% from Thursday closing level, dragged down by Fondul Proprietatea (FP.RO) (-0.28%), Banca Transilvania (TLV.RO) (-1.34%), BRD (BDR.RO) (-1.14%) and OMV Petrom (SNP.RO) (-1.15%).
Composite index BET-C was 0.63% lower and benchmark index BET-BK was down 0.45%, with Erste Group Bank (EBS.RO) losing 0.93%.
BET-FI, which tracks Proprietatea and the five regional investment funds (SIFs), was falling 0.15%.
The bourse’s extended blue-chip index BET-XT was down 0.64% and energy stocks tracker BET-NG was dropping 0.44%.
The bourse’s turnover was 2.9 million lei (EUR0.65 million) in the first hour of trading. Petrom contributed RON0.43 million through a special deal. The main market’s top-traded issuer was SIF Oltenia (SIF5.RO) whose share transfers amounted to only RON0.29 million. (EUR1=RON4.4509)