At around 10:38 local time (GMT0738), the Bucharest bourse’s BET index was down 0.23%, as the European markets opened in red. The European stocks tracked the losses on the Asian and U.S. exchanges that came after recent gains.
The composite index BET-C was down 0.21% from Tuesday, while BET-FI was down a mere 0.05%. Fondul Proprietatea (FP.RO) was up 0.17%, but SIF Transilvania (SIF3.RO) was losing 0.56%.
BET-NG, the index that tracks the energy stocks, was losing 0.4%, as Transelectrica was losing 0.6% and OMV Petrom (SNP.RO) was down 1.3%. On the other hand, Transgaz (TGN.RO) traded up 0.6%.
Oltchim (OLT.RO) was among the top gainers, with its shares up 3.4%.
The traded values were very low, however, of only 1.35 million lei (EUR0.3 million) at around 10:38. (EUR1=RON4.3688)