At around 10:50 am, Petrom’s shares were trading at RON0.4388, down 3.13% on the day, as investors who buy stock today are no longer entitled to dividends from last year profits.
The bourse’s composite index BET-C was losing 0.43% in early trading, while the main index BET was down 0.3%.
The BET-BK rose 0.35%, while the BET-FI index, which tracks the five regional investment funds SIFs and Fondul Proprietatea (FP.RO), advanced 0.71%.
Energy tracker BET-NG was down 0.87%, while the wider BET-XT was flat on the day.
Overall trading in Bucharest was 2.55 million lei (EUR0.6 million).
Top-traded issuers included Fondul Proprietatea, investment funds SIF Transilvania (SIF3.RO) and SIF Oltenia (SIF5.RO) and lender Banca Transilvania (TLV.RO). (EUR1=RON4.3249)