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Bucharest stock indices end mostly in red, turnover falls

Nov 1, 2017, 7:23:40 PMArticle by Nicoleta Banila
share
November 1 (SeeNews) - Bucharest stock indices ended in the red on Wednesday in lower turnover, Bucharest Stock Exchange (BVB) data showed.

Bucharest stock indices end mostly in red, turnover falls
Bucharest Stock Exchange Author (BVB) License: all rights reserved.

The total equity turnover of the BVB fell to 24.1 million lei ($6.09 million/5.24 million euro) from 53.8 million lei on Tuesday.

Lender Banca Transilvania [BSE:TLV] lost 1.82% to 2.16 lei in in the day’s largest turnover of 7.99 million lei.

Oil and gas group [BSE:SNP] rose 0.70% to 12.44 lei in Wednesday’s second largest turnover of 8.67 million lei.

Digi Communication [BSE:DIGI] rose 0.27% to 37 lei in the day’s third largest turnover of 2.03 million lei.

On Wednesday, BVB appointed Marius-Alin Barbu as interim chief executive officer.

The announcement came after CEO Ludwik Sobolewski resigned on Friday.

The selection process for the appointment of a new CEO and general manager of the Bucharest Stock Exchange is continuing, the bourse said in a statement. The final appointment will need to be confirmed by the country's Financial Supervisory Authority, ASF.

Details follow:

Index Closing Value Daily Change
BET 7,790.33 -0.67%
BET-TR 10,361.99 -0.66%
BET-FI 36,729.30 0.64%
BETPlus 1,165.16 -0.66%
BET-NG 670.25 -0.39%
BET-XT 728.19 -0.43%
BET-XT-TR 986.77 -0.42%
BET-BK 1,630.23 0.20%
ROTX 15,886.14 -0.73%

BET Total Return index (BET-TR) is a free float weighted index of the 13 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 =4.5984 lei)

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