At around 10:50 hours, the market’s composite index BET-C was down 0.3%, while the main index BET was losing 0.39%.
BET-FI index, which tracks the SIFs and investment fund Fondul Proprietatea (FP.RO), decreased 0.63%, while the wider BET-XT was down 0.41%.
The energy index BET-NG inched up 0.14%, supported by an 8.36% increase in chemical company Oltchim (OLT.RO).
Fertilizer maker Azomures (AZO.RO) traded down 1.7% at RON1.275 a share, after gaining 54% Tuesday on speculative trading following reports that Swiss Ameropa Holding is planning a takeover.
Overall trading in Bucharest was RON4.9 million (EUR1.1 million), with RON1.8 million coming from deals with Erste bank AG (EBS.RO) stock. The bank’s shares fell 4.71% to RON65.75.
Elsewhere in Europe Wednesday morning, markets were shrugging off yesterday’s losses, with investors hoping the US Federal Reserve meeting that will end later in the afternoon will restore optimism.