The Bucharest Stock Exchange’s composite index BET-C rose 1.73% on the day, to 3,342.86, while 10-share blue-chip index BET rose 2.01%, to 5,578.76.
Both indexes were influenced by the 3,29% rise of Fondul Proprietatea (FP.RO) and the 7.78% increase of chemical company Azomures (AZO.RO). In addition, the BET-C index was pushed up by Oltchim (OLT.RO), which once again touched the 15% growth cap.
BET-FI, the index tracking the Proprietatea fund and the five regional investment funds, or SIFs, rose 1.98% on the day, to 23,125.73, also boosted by the 2.07% day-on-day rise of SIF Transilvania (SIF3.RO).
Wider blue-chip index BET-XT closed up 1.93%, to 518.24, while BET-NG, the index tracking energy companies, closed at 806.33, up 0.99% on the day.
Trades unfolded Wednesday on the Bucharest Stock Exchange amounted to 141 million lei (EUR34.14 million) with RON85.38 million coming from deal market trades and RON38.65 million from main market trades in Proprietatea stock, which closed at RON0.502. Tuesday’s overall traded value stood at RON41.54 million.
SIF Oltenia (SIF5.RO) was a distant second in today’s top-traded issuers chart, as its stock was subject to transactions worth a total RON2.61 million and closed at RON1.44, up 1.34% on the day.
Oltchim shares closed at RON1.15, while Azomures stock closed at RON0.817.
Other popular stock Wednesday included BRD-Groupe Societe Generale (BRD.RO), which grew 0.99% to RON14.34 and Banca Transilvania (TLV.RO), which gained 2.76% on the day, closing at RON1.193.