Erste announced earlier in the day it would halve its dividend, following the registration of an eight-times lower profit for 2013, on negative tax effects and one-off items.
At around 10:40 Bucharest time (GMT0840), the BET index was up 0.36% from Thursday closing level, while composite index BET-C was gaining 0.29%.
BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional investment funds (SIFs), was up 0.67%, lifted by SIF Moldova’s (SIF2.RO) 2.2% advance. Proprietatea was up 0.25%, while SIF Transilvania (SIF3.RO) was 1.2% higher.
Bucharest benchmark index BET-BK was losing 0.17%, dragged down by Erste, while energy stocks tracker BET-NG was up 0.54%.
The traded values were higher than yesterday, with share transfers reaching 2.4 million lei (EUR0.5 million), compared with just RON0.35 million at the same time Thursday. (EUR1=RON5.5034)