Investors did not react to Ratings Friday’s decision of agency Moody’s that downgraded Romania’s rating to Baa3 with negative outlook, over risks from its exposure to the eurozone.
At around 10:56 local time (GMT0756), the Bucharest bourse’s BET index was up 1.36%, and the composite index BET-C was 1.34% higher.
BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional investment funds (SIFs), was up 1.85%, while the extended blue-chip index BET-XT was gaining 1.48%.
Energy stocks tracker BET-NG was up 1.40%.
The bourse’s overall traded value was 5.13 million lei (EUR1.15 million) at around 10:56.(EUR1=RON4.4494)