Romania’s Constitutional Court ruled on Tuesday the July 29 referendum to impeach suspended President Traian Basescu was invalid, which means the President is set to return to office.
At around 11:56 a.m. (GMT0756), the bourse’s composite index BET-C was down 0.33%, while the main index BET was 0.33% lower, as well.
The BET-FI index, which tracks the five regional investment funds SIFs and Fondul Proprietatea (FP.RO), was 0.83% lower. The wider BET-XT index was down 0.44%.
Also, energy tracker BET-NG inched down 0.25%.
Overall trading in Bucharest was RON2.33 million (EUR518,139). Proprietatea was top-traded issuer on the main market, followed by SIF Transilvania (SIF3.RO) and SIF Banat-Crisana (SIF1.RO). (EUR1=RON4.4987)