Proprietatea traded at 0.71 lei (EUR0.16) per share after 30 minutes of the session, but it later fell below the opening level. At around 11:02 local time (GMT0802), Fondul Proprietatea was down 0.99% on the day at RON0.7 per share.
The Bucharest bourse’s BET index was down 29.59 points, or 0.5%, at 5,840.88, while composite index BET-C was falling 15.44 points (0.5%) to 3,087.39.
Investment fund index BET-FI was down 245.04 points, or 0.94%, to 25,791.81, as all the five SIFs joined Proprietatea in red territory. SIF Banat-Crisana (SIF1.RO) was down 1.5%, while SIF Muntenia (SOIF4.RO) traded 1.3% lower.
Bucharest benchmark index BET-BK was down 0.41%, while BET-XT was losing 0.62%.
On the other hand, energy stocks tracker BET-NG was trading up 2.26 points, or 0.35%, to 649, mainly due to Transelectrica (TEL.RO). Transelectrica traded up 2% to RON13.3 per share, after the company announced yesterday a five-times higher net profit for the first year-half. OMV Petrom (SNP.RO) was down 0.25%, while Transgaz (TGN.RO) was flat on the day.
The traded values were once again propelled by Fondul Proprietatea, which accounted for more than 80% of the total turnover. At around 11:02, the bourse’s overall traded value reached RON7.8 million (EUR1.7 million), with RON6.6 million coming from share transfers, and the rest mainly from transactions with structured products. (EUR1=RON4.4278)