Bucharest Bourse Indices Fall in Line with Global Trend, Turnover Drops

The blue-chip BET index of the Bucharest Stock Exchange, BVB, shed 1.11% to 4,782.48 points. The BET-FI index, which tracks the country's five regional investment funds, the SIFs, lost 1.71% to 22,517.16 points.

The composite BET-C index fell 1.4% to 2,781.46. The ROTX index of Romania's 15 most liquid stocks, a joint index of the BVB and the Vienna Stock Exchange, declined 1.87% to 10,008.02.

BVB's turnover more than halved to 13.6 million lei ($4.7 million/3.2 million euro) from 30.2 million lei on Monday. The number of traded shares decreased to 18.7 million from 37.9 million on Monday.

SIF 5 Oltenia shed 1.65% to 1.19 lei in the day's largest turnover of 3.3 million lei. SIF 2 Moldova dipped 1.87% to 1.05 lei on deals worth a total of 1.7 million lei, Tuesday’s second highest turnover. Austria’s Erste dropped 4.58% to 125 lei on the regular market in the session’s third largest turnover of 1.4 million lei.

SIF 3 Transilvania closed down 2.26% at 0.65 lei in 822,000 lei turnover, while SIF 1 Banat Crisana was off 1.83% at 1.07 lei in deals worth 966,000 lei.

Blue-chip bank BRD slipped 1.46% to 13.5 lei in 573,000 lei turnover, while its blue-chip peer Banca Transilvania fell 0.94% to 2.1 lei in deals worth 1.3 million lei.

Blue-chip oil and gas group OMV Petrom backed off by 1.52% to 0.26 lei in 712,000 lei turnover.

The BET-XT index, which tracks the 25 most liquid companies on the bourse, including the SIFs, ended 1.42% down at 461.54 points. The BET-NG, which includes companies from the energy sector and utilities, closed 0.99% lower at 606.34 points.

Rasdaq-C, the composite index of the over-the-counter market RASDAQ, edged down 0.19% to 2,229.35. Turnover on the RASDAQ rose to 3.7 million lei from 1.2 million lei on Monday as 43,689 shares of textile firm Tesatoriile Reunite changed hands for a combined 2.14 million lei in 13 transactions.

(1 euro = 4.295 Romanian lei)