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Bucharest bourse indices rise further, Sphera Franchise Group leads blue-chip gainers

Bucharest bourse indices rise further, Sphera Franchise Group leads blue-chip gainers BVB

BUCHAREST (Romania), October 29 (SeeNews) - Bucharest Stock Exchange (BVB) indices rose further on Tuesday, as Sphera Franchise Group [BSE:SFG] led blue-chip gainers.

The total equity turnover of the BVB amounted to some 17 million lei ($3.9 million/3.6 million euro) on Tuesday, compared to 23 million lei on Monday, bourse data showed.

Sphera Franchise Group led blue-chip gainers, increasing by 3% to 20.6 lei in 41,201 lei turnover.

Investment fund Fondul Proprietatea [BSE:FP] fell 0.42% to 1.1750 lei in the day's largest turnover of 4.66 million lei.

Oil and gas group OMV Petrom [BSE:SNP] share price rose 1.16% to 0.4350 lei the day's second largest turnover, 1.51 million lei.

Romanian plastic products manufacturer TeraPlast Group [BSE:TRP] gained 1.44% to 0.2810 lei in the third largest trading turnover during the session, of 1.04 million lei.

TeraPlast Group has increased its profit to 33.7 million lei in the first nine months of 2019, from 22.3 million lei profit in the same period of last year, it said on Tuesday.

Details follow:

BET 9,713.66 0.33%
BET-TR 15,547.18 0.33%
BET-BK 1,802.02 0.20%
BETPlus 1,449.02 0.33%
BET-FI 42,559.05 0.05%
BET-NG 789.59 0.53%
BET-XT 877.60 0.33%
BET-XT-TR 1,414.01 0.33%
ROTX 20,303.51 0.35%

BET is the first index developed by BVB and represents the reference index for the local capital market. BET reflects the performance of the most traded companies on BVB’s regulated market, excluding financial investment companies (SIFs). It now includes 16 companies.

BET-TR is the first total return index launched by BVB. It is based on the structure of market reference index BET. BET-TR tracks the price changes of its component shares and is adjusted to also reflect the dividends paid by constituent companies.

BET Plus tracks the price changes of Romanian companies listed on BVB’s Regulated Market that meet minimum selection criteria of liquidity and free float. Financial investment companies are excluded from the index.

BET-FI is the first sector index launched by BVB and reflects the price changes of SIFs and of other assimilated entities.

BET-BK was designed to be used as a benchmark by asset managers and other institutional investors.

BET-NG is a sector index which reflects the evolution of all the companies listed on BVB’s regulated market included in the energy and related utilities sector. The maximum index weight a company can hold is 30%.

BET-XT tracks the price changes of the 25 most traded companies listed on BVB’s Regulated Market, including SIFs.

BET-XT-TR is the total return version of BET-XT index, which includes the 25 most traded Romanian companies listed at BVB.

ROTX is an index developed by BVB together with Vienna Stock Exchange.. It tracks, in real-time, the price changes of the blue chip shares traded on the Bucharest Stock Exchange.

(1 euro =4.7567 lei)