The Bucharest Stock Exchange’s composite index BET-C dropped 1.33% to 2.565,37, the lowest level since October 5, 2009. The BET index fell 1.15% to 4.191,9, also the lowest value in two years.
BET-FI, the index tracking Fondul Proprietatea (FP.RO) and the SIFs, fell 5.36% on the day, to 15,679.65. The tracker’s decline was somewhat slowed by the fact that Proprietatea only lost 1.35%, while the SIFs dove 7.16% on average. BET-FI is at its weakest level since July 2009.
The BET Extended index, or BET-XT, dropped 2.51% Tuesday, while the index tracking energy companies, BET-NG, fell 1.44% on the day.
Trades unfolded on the Bucharest Stock Exchange amounted to 26.5 million lei (EUR6.14 million), compared to RON12.93 million in the previous session.
The Proprietatea fund was the top-traded issuer, with shares worth of RON7.2 million changing hands today. Its stock closed at RON0.4253, after briefly touching an all-time low at RON0.4234 a share earlier in the day.
SIF Oltenia (SIF5.RO) was the second-top traded issuer. Its shares dove 7.7% on the day, to RON0.8185, on a traded value of RON3.39 million.
Other popular stocks included lenders Banca Transilvania (TLV.RO) and BRD-Groupe Societe Generale (BRD.RO), which both ended down some 1%. (EUR1=RON4.3159)