At around 10:30 local time, the Bucharest Stock Exchange’s composite index BET-C was up 1.29%, while the main index BET was gaining 1.64%.
BET-FI, which tracks the regional investment funds SIFs and Fondul Proprietatea, advanced 2.07%, while the wider BET-XT increased by 1.84%.
The energy index BET-NG was gaining 2.10%, supported by a 4.8% increase in dominant oil company OMV Petrom (SNP.RO).
Overall trading was a little over 8 million lei (EUR1.9 million) and was almost entirely ensured by deals with Fondul Proprietatea stock. The fund’s shares traded up 1.26% at RON0.4405.
Other popular stocks Wednesday morning included regional investment funds SIF Oltenia (SIF5.RO) and SIF Transilvania (SIF3.RO), Erste Group Bank AG (EBS.RO) and the bourse itself (BVB.RO).