At Thursday’s closing, Proprietatea gave up 3.3% to almost hit the threshold price of RON0.5, after the Bucharest Court of Appeals on Wednesday annulled a series of decisions taken by Fondul Proprietatea’s shareholders, including the appointment of Franklin Templeton as sole manager of the fund.
At about 10:45 (GMT0745), the bourse’s overall traded value stood at RON1.9 million (EUR0.41 million). Share trades amounted to RON1.8 million (EUR0.4 million), with RON0.3 million coming from trades with Erste Group Bank (EBS.RO) shares.
Composite index BET-C fell 0.04%, and blue chip index BET lost 0.1%.
The BET-FI index gained 0.47%, supported by SIF Moldova (SIF2.RO), which climbed 1.52%, and by SIF Muntenia (SIF4.RO), with a 1.78% increase.
The extended blue-chip index BET-XT rose 0.11%, and benchmark index BET-BK added 0.36%.
Energy stocks tracker BET-NG was up 0.26%. (EUR1=RON4.5698)