SIF Muntenia shares were down 11.40% at around 11:05 local time (GMT0805), at 0.7410 per share, on the buyers of shares not being entitled to cash dividends during the ex-dividend day.
The fund will pay additional dividends totaling 98.4 million lei (EUR21.57 million) at a gross value of 0.122 lei/share. The money come from the existent reserves end-2011 and represent unpaid dividends during the past three years.
The Bucharest bourse’s BET index was up 0.07%, while the composite index BET-C was down 0.09%.
BET-FI was down 1.26%, while the extended blue-chip index BET-XT was losing 0.44%.
Energy stocks tracker BET-NG was down 0.51%.
The Bourse’s BET-BK, mirroring the top-25 Romanian companies by volumes, opened down 0.12%.
The bourse’s overall traded value was 1.36 million (EUR299,099) at around 11:05. (EUR1= RON 4.5647)