At around 11:30 local time (GMT0830), the Bucharest bourse’s BET index was down 0.3% from Tuesday closing levels, while composite index BET-C was losing 0.1%.
BET-FI, which tracks Proprietatea and the regional investment funds (SIFs), was down 0.5% on the day.
The extended blue-chip index BET-XT was down 0.3%, but energy stocks tracker BET-NG was up a mere 0.06%.
The bourse’s traded value was just 2.8 million lei (EUR0.65 million) after an hour and a half of the trading session, with Fondul Proprietatea covering more than half.
Proprietatea was nearly flat on the day, but Petrom traded 1.3% higher after posting record high profits for the first quarter. Earlier Wednesday, Petrom said its net profit after minorities rose 65% on the year to a record RON1.385 billion (EUR381 million) in January to March, helped by higher crude oil prices and robust sales. (EUR1=RON4.4032)