Azomures’ acquisition by Swiss trader Ameropa Holding AG has just been cleared, and investors now expect a takeover offer, under capital market rules. At around 10:22 local time (GMT0822), Azomures shares were up 4.8% on the day, to 1.8 lei (EUR0.42), on a traded value of RON0.56 million.
At the same time, the bourse’s BET index was declining 0.27%, while the general index BET-C was down 0.19%.
BET-FI, the index tracking the five regional investment funds, or SIFs, and investment fund Fondul Proprietatea (FP.RO), was down 0.66%.
The BET Extended index, or BET-XT, was losing 0.42%, while energy companies tracker BET-NG, was down 0.37%.
Trades unfolded on the stock exchange by 10:30 local time amounted to RON2.43 million (EUR0.55 million).
Proprietatea was among the few stocks in green territory, trading up 0.2%, joined also by SIF Transilvania (SIF3.RO), with its shares up 0.15%. At the opposite end, Oltchim (OLT.RO) was losing 4%, and Transelectrica was down 1.1%. (EUR1=RON4.3783)