At around 10:30 hours, the fund traded up 0.42% at RON0.604 a share, the highest price since April 12 last year.
The bourse’s composite index BET-C was up 0.7%, while the main index BET advanced 0.55%.
The BET-FI index, which tracks the five regional investment funds SIFs and Fondul Proprietatea, gained 0.32%, while the wider BET-XT index was up 0.54%.
Energy tracker BET-BG advanced 1.37%, fueled by deals with the shares of chemical producer Oltchim (OLT.RO). The company gained 7.79% at RON1.37 a share, amid speculative buying.
Overall trading in Bucharest was RON4.22 million (EUR0.97 million), down from RON9.1 million Thursday morning.
In Europe, the markets opened up amid hopes that the European Central Bank’s eye-popping EUR530 billion loans to 800 banks will help strengthen financial markets and boost eurozone economy. (EUR1=RON4.3488)