The state-run natural gas producer launched Tuesday an initial public offering, which aims to raise between 1.38 billion lei (EUR312 million) and RON1.85 billion.
At around 10:45 local time (GMT0745), the Bucharest bourse’s BET index was up a mere 0.03% from Tuesday closing level, while composite index BET-C was up 0.08%.
BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional investment funds (SIFs), was up 0.28%, while extended blue-chip index BET-XT was gaining 0.12%.
Bucharest benchmark index BET-BK was 0.14% higher, while energy stocks tracker BET-NG was up 0.21%.
The bourse’s traded value was reduced, with share transfers barely reaching RON0.45 million (EUR0.1 million). (EUR1=RON4.437)