At 1045 local time (GMT0745), the Bucharest bourse’s composite index was up 0.51%. However, the main index BET was losing 0.2%, dragged down by BRD-Groupe Societe Generale (BRD.RO) and OMV Petrom (SNP.RO), the stocks that have the largest weights in the index structure, which were down 1% and 0.2%, respectively.
BET-FI, the index that tracks Fondul Proprietatea (FP.RO) and the five regional investment funds SIFs, was up 0.3%.
The extended blue-chip index BET-XT was up a mere 0.1%, while the energy stocks tracker BET-NG was gaining 1.6%, fueled by Rompetrol Rafinare increase.
The traded volumes were low, with the bourse’s total turnover at 1.4 million lei (some EUR360,000) by around 1054 am.
Fondul Proprietatea was the most-traded issuer in the first hour of the session, followed by Oltchim, Zentiva (SCD.RO) and Rompetrol Rafinare. (EUR1=RON4.1298)