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Bucharest exchange's blue-chip index extends winning streak as Transgaz rises

Bucharest exchange's blue-chip index extends winning streak as Transgaz rises BVB

BUCHAREST (Romania), February 19 (SeeNews) - The Bucharest Stock Exchange (BVB) blue-chip BET index closed 0.66% higher at 10,204.97 points on Wednesday, extending its advance from the previous four days on the back of a rise in the share price of gas transmission company Transgaz [BSE:TGN].

The total equity turnover of the BVB amounted to some 23 million lei ($5.2 million/4.8 million euro) on Wednesday, compared to 26 million lei on Tuesday, bourse data showed. 

Transgaz's shares closed 3.50% higher at 340 lei.

Lender Banca Transilvania [BSE:TLV]  share rose by 0.58% to 2.5950 lei in the day's largest turnover of 3.11 million lei. 

Investment fund Fondul Proprietatea [BSE:FP] shares traded 0.37% higher to 1.37 lei in the second largest trading turnover during the session, of 2.5 million lei.

Natural gas producer Romgaz [BSE:SNG] changed hands 0.99% higher to 35.8 lei in the day's third largest turnover of 1.23 million lei.

Details follow:

BET 10,204.97 0.66%
BET-TR 16,333.50 0.66%
BET-BK 1,978.72 0.54%
BETPlus 1,526.67 0.64%
BET-FI 51,700.48 0.29%
BET-NG 769.52 1.13%
BET-XT 940.23 0.62%
BET-XT-TR 1,515.09 0.62%
ROTX 21,270.32 0.65%

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=4.7789 lei)