The bourse’s turnover improved significantly on the day to 9.5 million lei (EUR2.1 million) in the first hour of trading. Fondul Proprietatea (FP.RO) and Banca Transilvania (TLV.RO) were top-traded issuers on the main market with share transfers worth RON4 million and RON1 million, respectively.
At around 10:50 local time (GMT0750), the Bucharest bourse’s BET index was climbing 1% from Wednesday closing level, supported by all its weighty issuers: Fondul Proprietatea (+0.92%), Banca Transilvania (+0.86%), BRD (BDR.RO) (+0.92%) and OMV Petrom (SNP.RO) (+1.68%).
Composite index BET-C was 0.87% higher.
BET-FI, which tracks Proprietatea and the five regional investment funds (SIFs), was climbing 0.93% with all issuers in green.
Bucharest benchmark index BET-BK was adding 1%, with Erste Group Bank (EBS.RO) climbing 3.23%.
The bourse’s extended blue-chip index BET-XT was up 0.97% and energy stocks tracker BET-NG was gaining 0.85%. Transelectrica (TEL.RO) and Transgaz (TGN.RO) were trading up 1.12% and 0.29%, respectively. (EUR1=RON4.4751)