At around 10:40 am, the bourse’s composite index BET-C was gaining 0.21% on the day, while the main index BET was up 0.2%.
The BET-FI index, which tracks the five regional investment funds SIFs and investment fund Fondul Proprietatea (FP.RO), inched up 0.23%, while the wider BET-XT advanced 0.19%.
Energy tracker BET-NG was flat on the day.
Overall trading in Bucharest was RON0.42 million (EUR0.09 million), with RON0.17 million coming from deals with Fondul Proprietatea stock.
Other top-traded issuers Thursday morning included Austrian Erste Group Bank AG (EBS.RO) and state-run chemical company Oltchim SA (OLT.RO). The latter was trading up 2.02% at RON0.756 a share.
Oltchim’s shares were suspended from trading Wednesday afternoon after the company announced general manager Constantin Roibu resigned his positions in the company at the request of the Economy Ministry, which conditioned working capital inflows to the replacement of the existing management structure.
Following Roibu’s resignation, 15 other senior managers, as well as Oltchim’s chief accountant, handed in their resignation.
Oltchim’s employees were protesting for a second day Thursday morning, demanding the company be privatized as soon as possible. (EUR1=RON4.494)