At around 11:25 local time (GMT0925), the Bucharest bourse’s BET-FI index, which tracks Fondul Proprietatea (FP.RO) and the five SIFs, was losing 1.24% on the day, with Proprietatea falling 0.74%.

The BET index was down 1.53% from Thursday closing level, while composite index BET-C fell 1.21%.

Bucharest benchmark index BET-BK was 1.68% lower on the day, while extended blue-chip index BET-XT fell 1.63%.

Energy stocks tracker BET-NG was losing 1.14%.

Overall trading reached 5.1 million lei (EUR1.1million), fueled mainly by transfers with the shares of Banca Transilvania (TLV.RO), SIF Transilvania (SIF3. RO) and SIF Oltenia (SIF5.RO).