Petrom is expected to report a net profit of EUR850-900 million for 2011, the highest net profit ever achieved in Romania.
At around 10:26 local time (GMT0826), the stock exchange’s composite index BET-C and main index BET were gaining 0.76% and 0.75% respectively.
BET-FI, the index tracking the main investment funds, was inching up 0.02% on the day.
The BET Extended index, or BET-XT, was up 0.52% on the day, while the index tracking energy companies, BET-NG, was up 0.34%.
Trades unfolded on the stock exchange by 10:29 local time amounted to 1.57 million lei (EUR362,368).
Aside from Petrom, most of trading early Tuesday was focusing on the five regional investment funds, or SIFs. (EUR1=RON4.3535)