February 22 (SeeNews) - Bucharest Stock Exchange (BVB) blue-chip main index BET on Wednesday reached the highest level from the last nine years, of 8,035.25 points, posting a growth of 11% since the beginning of the year.
Previously, the BET index reached 7,915 points on January 27 ,2008. The highest shares within the BET are owned by investment fund Fondul Proprietatea [BSE:FP] with 19.9%, Banca Transilvania [BSE:TLV] with 19.64% and OMV Petrom [BSE: SNP] with 16.55%.
On Wednesday, the total equity turnover of the BVB rose to 75.1 million lei ($17.4 million/16.6 million euro) from 47.9 million lei on Tuesday.
Romania's top oil and gas group OMV Petrom was the top blue-chip gainer, rising 2.71% to 0.3030 lei in the day's second largest turnover of 14.01 million lei. The group posted a 1.038 billion lei net profit in 2016, recovering from a 690 million lei loss in the previous year.
Blue-chip lender BRD Societe Generale [BSE: BRD] rose 2.03% to 11.8 lei in the day's largest turnover of 18.4 million lei.
Romanian lender Banca Transilvania rose 1.30% to 2.7350 lei in the day's third largest turnover of 11.81 million lei. The bank booked a net profit of 1.23 billion lei in 2016, as compared to a record-high 2.41 billion lei in 2015 following its merger with Volksbank.
Details follow:
Index |
Closing Value |
Daily Change |
BET |
8,035.25 |
1.55% |
BET-TR |
9,925.69 |
1.55% |
BET-FI |
32,045.70 |
0.82% |
BETPlus |
1,192.51 |
1.41% |
BET-NG |
678.34 |
1.31% |
BET-XT |
721.64 |
1.33% |
BET-XT-TR |
912.95 |
1.33% |
BET-BK |
1,493.08 |
0.53% |
ROTX |
15,827.86 |
1.00% |
BET Total Return index (BET-TR) is a free float weighted index of the 10 most traded companies listed on the regulated market and is adjusted to also reflect the dividends paid by constituent companies.
BET-BK is a free float weighted capitalization index of the most liquid 25 companies listed on the regulated market.
BET Plus is a free float market capitalization weighted index tracking 34 companies listed on BVB’s regulated market except the financial investment companies, that meet the minimum eligibility criteria, which refer to liquidity and the value of shares in free float.
BET-FI tracks the SIFs and property restitution fund Fondul Proprietatea.
BET-NG includes companies from the energy sector and utilities.
BET-XT is a blue chip index and reflects the price evolution of the most liquid 25 shares traded on the regulated market, including the SIFs.
BET-XT-TR reflects the price performance of the top 25 most traded Romanian companies, as well as their gross dividends and cash distributions.
ROTX tracks Romania's nine most liquid stocks. It is a joint index of the Bucharest bourse and the Vienna Stock Exchange.
(1 euro= 4.5217 lei)
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