At around 10:40 am, the bourse’s composite index BET-C was up 0.59%, versus a decline of 0.93% at Tuesday close. The main index BET advanced 0.6% on the day.
The BET-FI index, which tracks the five regional investment funds SIFs and Fondul Proprietatea (FP.RO), was gaining 1.47%, while the wider BET-XT index was up 0.97%.
Energy tracker BET-NG advanced 0.66% from a day earlier.
Overall trading in Bucharest was RON2.3 million (EUR0.5 million) Top-traded issuers included Austria’s Erste Group Bank AG (EBS.RO), Fondul Proprietatea, SIF Oltenia (SIF5.RO) and chemical company Azomures (AZO.RO).
Erste gained 1.11% at RON63.7 a share in early action, despite being downgraded two notches to A3 by Moody’s, which cited the bank’s increased exposure to financial turmoil in central and eastern Europe. (EUR1=RON4.4646)