At around 11:10 local time (GMT0810), the Bucharest bourse’s BET index was down 1.3% from Wednesday closing level, with oil company OMV Petrom (SNP.RO) losing 2.3%. Lenders Banca Transilvania (TLV.RO) and BRD (BRD.RO) were falling 2.38% and 0.63%, respectively.
Composite index BET-C was losing 0.96% and Bucharest benchmark index BET-BK was 1% lower.
BET-FI, which tracks Fondul Proprietatea and five regional investment funds (SIFs), was down 1.2% with all issuers in red territory. Proprietatea was trading down 0.47% and the SIFs were losing between 0.87% and 2.78%.
Energy stocks tracker BET-NG fell 0.88%, dragged down mainly by Petrom, Transgaz (TGN.RO) (-0.53%) and Transelectrica (TEL.RO) (-0.23%).
The bourse’s overall traded value was scarce, at about 2.7 million lei (EUR0.63 million) at 11:10, also fueled by more than RON1 million in structured proiduct transactions. Proprietatea contributed some RON1 million through share transfers. (EUR1=RON4.4969)