Bucharest Stock Indices Close Mixed in Volatile Trading, Investment Funds Stand Out

The blue-chip BET index of the Bucharest Stock Exchange, BVB, fell 0.64% to 4,872.35 points. The BET-FI, which tracks the SIFs, jumped 3.17% to 25,111.33 points.

The composite BET-C index added 0.26% to 2,823.99. The ROTX index of Romania's 15 most liquid stocks, a joint index of the BVB and the Vienna Stock Exchange, closed 0.23% lower at 10,152.74.

BVB's turnover rose to 26.3 million lei ($9.4 million/6.2 million euro), including 2.7 million worth of futures, from 18.8 million lei on Wednesday. The volume of traded shares increased to 35.5 million from 30 million on Wednesday.

SIF 5 Oltenia closed 3.85% higher at 1.35 lei in the day's largest turnover of 6.3 million lei. SIF 2 Moldova jumped 4.35% to 1.2 lei on deals worth a total of 4.5 million lei, Thursday’s second highest turnover. Blue-chip bank, BRD, advanced 2.19% to 14 lei on the regular market in the session’s third largest turnover of 3.3 million lei.

SIF 3 Transilvania gained 2.16% to 0.71 lei in deals worth 1.7 million lei, and SIF 1 Banat Crisana surged 3.48% to 1.19 lei in 1.4 million lei turnover. SIF 4 Muntenia rose 2.07% to 0.74 lei in deals worth 1.4 million lei.

The other blue-chip lender, Banca Transilvania, dipped 2.19% to 2.23 lei in deals worth a total of 1.4 million lei. Austria’s Erste ended 0.59% up at 119.8 lei in 1.1 million lei turnover.

Blue-chip oil refinery Rompetrol Rafinare sank 5.38% to 0.0615 lei in deals worth 705,000 lei, while blue-chip oil and gas group OMV Petrom appreciated by 0.76%  to 0.264 lei in 617,000 lei turnover.

The BET-XT index, which tracks the 25 most liquid companies on the bourse, including the SIFs, ended up 0.67% at 483.41 points. The BET-NG, which includes companies from the energy sector and utilities, went down 1.15% to 605.51 points.

Rasdaq-C, the composite index of the over-the-counter market RASDAQ, edged up 0.19% to 2,223.53. Turnover on the RASDAQ jumped to 3.3 million lei from 685,000 lei on Wednesday, as 267,324 shares of cargo handling company Port Bazinul Nou changed hands for a combined 2.7 million lei in 50 transactions.

(1 euro = 4.209 Romanian lei)