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Bucharest stock indices fall, Fondul Proprietatea boosts turnover

Bucharest stock indices fall, Fondul Proprietatea boosts turnover BVB

BUCHAREST (Romania), August 20 (SeeNews) - Bucharest Stock Exchange (BVB) indices ended lower on Tuesday as daily turnover soared, bourse data showed.

The total equity turnover of the BVB surged to 123.7 million lei ($29 million/26 million euro) on Tuesday compared to 16.4 million lei on Monday. 

Turnover was boosted by a buyback public offering with blue-chip investment fund Fondul Proprietatea [BSE:FP] shares worth 108.9 million lei.

In regular trading, Fondul Proprietatea fell 0.46% to 1.09 lei in the day’s second largest turnover of 1.3 million lei.

Power supplier and distributor Electrica [BSE:EL] shares stood to 11.25 lei in the day's largest turnover of 9.08 million lei.

Lender Banca Transilvania [BSE:TLV] lost 0.64% to 2.3350 lei in the third largest trading turnover during the session, of 845,255 lei.

Details follow:

BET 9,060.27 -0.14%
BET-TR 14,501.14 -0.14%
BET-BK 1,690.70 0.08%
BETPlus 1,353.44 -0.12%
BET-FI 39,980.59 0.06%
BET-NG 733.32 0.10%
BET-XT 819.64 -0.05%
BET-XT-TR 1,319.67 -0.05%
ROTX 18,890.42 -0.14%

BET Total Return index (BET-TR) is a free float weighted index of the 15 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 =4.7305 lei)