Bucharest stock indices fall, turnover plummets

Bucharest stock indices fall, turnover plummets Bucharest Stock Exchange Author (BVB) License: all rights reserved.

BUCHAREST (Romania), March 20 (SeeNews) - Bucharest stock indices mostly fell on Monday in lower turnover, bourse data showed.

The total equity turnover of the BVB plummeted to 13 million lei ($3 million/2.8 million euro) from 81.14 million lei on Friday.

Blue-chip lender Banca Transilvania [BSE:TLV] lost 0.55% to 2.7250 lei  in the day's highest turnover of 2.35 million lei.

Blue-chip investment fund Fondul Proprietatea [BSE:FP] stood to 0.88 lei in the day's second largest turnover of 1.65 million lei.

SIF 2 Moldova [BSE:SIF2] rose 1.12% to 0.8430 lei in the day's third largest turnover of 1.17 million lei.

Starting Monday, the main index BET BET and BET Total Return index (BET-TR) includes Romanian privately-owned medical services provide MedLife [BSE:M] and majority state-owned oil pipeline operator Conpet [BSE:COTE], taking the total number of companies to 12. Medlife weighs 0.92% of BET, while Conpet weighs 1.35%.

Details follow:

Index Closing Value Daily Change
BET 7,967.09 -0.03%
BET-TR 9,949.75 -0.03%
BET-FI 32,093.57 0.06%
BETPlus 1,181.98 -0.08%
BET-NG 677.05 0.12%
BET-XT 718.81 -0.02%
BET-XT-TR 916.92 -0.02%
BET-BK 1,498.40 -0.04%
ROTX 15,800.91 -0.36%

BET Total Return index (BET-TR) is a free float weighted index of the 12 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=4.5627 lei)

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