MedLife did not make any announcement this week, which means the growth is most likely because of the Emergency Ordinance the government adopted one day before being dismissed by a non-confidence vote stipulating that private providers, MedLife included, had access to publicly-funded healthcare programs.
Another factor that points to this rise being driven by the Ordinance is that it came at the beginning of February, which is a time when companies start doing their financial reporting and the major investors are hardly active on the market, waiting to review the financials first.
MedLife shares gained 2.11% in Bucharest on Thursday and reached RON38.8, the highest price since early August 2017, ZF has found. If they rise again on Friday, they will reach an all-time high.(EUR1=RON4.7651)
(English version by Loredana Fratila-Cristescu)