SIF Banat-Crisana Thursday said it would pay 8.25 million lei (EUR1.86 million) for 50.01% in Muntenia Invest, sole manager of SIF Muntenia, plus a variable amount depending on the evolution of the latter’s net asset. SIF Banat-Crisana’s shares closed up 0.46% on the day Thursday.
At around 10:45 am Friday morning, the bourse’s composite index BET-C was flat on the day, while the main index BET was down 0.34%.
The BET-BK edged down 0.1%, while the BET-FI index, which tracks the five regional investment funds SIFs and Fondul Proprietatea (FP.RO), declined 0.15%.
Energy tracker BET-NG was up 0.46%, but the wider BET-XT dipped 0.35%.
Overall trading in Bucharest was 2.8 million lei (EUR0.63 million).
SIF Banat-Crisana was top-traded issuer Friday morning, followed by state-run natural gas transporter Transgaz (TGN.RO) and Fondul Proprietatea. (EUR1=RON4.4339)