Friday, the SIF proposed to pay a gross dividend of 0.1712 lei (EUR0.039) per share, almost six times higher than RON0.03 in the previous year, as its net profit tripled in 2011 to RON207.7 million.
At around 10:49 local time (GMT0849), the stock exchange’s composite index BET-C was down 0.61% on the day, while the BET index was down 0.49%.
BET-FI was down 0.29%, despite SIF Transilvania’s increase, as Fondul Proprietatea (FP.RO) was down 1% and the other four regional investment funds, or SIFs, were losing between 0.3% and 3%.
The BET Extended index, or BET-XT, was dipping 0.33% on the day, while the index tracking energy companies, BET-NG, was down 0.59%.
Trades unfolded on the stock exchange by 10:51 local time amounted to 11 million lei (EUR2.54 million), compared to RON4.22 million at around the same time Friday, mostly due to SIF Transilvania. Transactions with the SIF’s shares amounted to some RON8.5 million, with Proprietatea a very distant second most traded, with deals totaling just RON0.3 million. (EUR1=RON4.3493)