Shares of oil and gas company OMV Petrom (SNP.RO) fell nearly 6% on Wednesday, trading at RON0.244 per share, from RON0.259 per share on September 22, before investment fund Fondul Proprietatea said it would proceed with a partial sale of its shares in OMV Petrom by way of a public offering on the Bucharest and London Stock Exchanges.
In nominal terms, Petrom shares fell 5.8%.
The fall registered last week by Petrom shares impacted negatively the weekly evolution of Bucharest bourse’s indexes, which ended the week with mixed variations. The Bucharest bourse’s BET index rose 0.3%, while energy stocks tracker BET-NG lost 1%.
