At around 11:56 local time (GMT0856), the Bucharest bourse’s BET index was down 0.8% from Friday’s closing level, while the composite index BET-C was losing 0.6%.

BET-FI, which tracks Fondul Proprietatea (FP.RO) and the regional investment funds (SIFs), was down 0.6% on the day.

The extended blue chip index BET-XT was falling 0.8%, while energy stocks tracker BET-NG was down 0.5%.

The total traded value was 14.8 million lei (EUR3.4 million), but more than half of the total came from two deals with SIF Oltenia (SIF5.RO) stocks amounting to RON7.8 million.

Among the most traded issuers after the first two hours of the session, Fondul Proprietatea traded up 0.2% and SIF Transilvania (SIF3.RO) was up 0.4%. On the other hand, Transelectrica (TEL.RO) was down 1%, while SIF Oltenia was losing 2.2%. (EUR1=RON4.4044)