The Bucharest Stock Exchange (BVB.RO) was trading up 4.62% after its managing board Tuesday proposed a 10% reduction of the share capital to 69.06 million lei (EUR15.6 million) and the distribution of the sum resulted to shareholders.
The bourse’s BET index was up 0.22% at around 11:00 local time (GMT0900), and composite index BET-C was gaining 0.36%.
Investment fund tracker BET-FI was down 0.11%, as SIF Crisana-Banat (SIF1.RO) was losing 0.36% and SIF Oltenia (SIF5.RO) was 1.12% lower. Fondul Proprietatea (FP.RO) was trading up 0.16% on the day.
Benchmark index BET-BK was adding 0.31% and extended blue-chip index BET-XT was up a mere 0.11%.
Energy sector index BET-NG was increasing 0.69%, supported by OMV Petrom (SNP.RO), with a 1.29% increase, Transgaz (TGN.RO), which was gaining 1.14%, and Rompetrol Rafinare (RRC.RO), which was 1.35% higher.
The bourse’s total traded value stood at 2.98 million lei (EUR0.67 million) at around 11:00, with RON2.05 million coming from share transactions.
Proprietatea was top-traded issuer on the main market with share trades worth RON0.71 million. It was followed by the Bucharest Stock Exchange with RON0.33 million. (EUR1=RON4.4078)