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Bucharest Stock Indices Mostly Fall in Slim Turnover

Oct 22, 2009, 7:16:41 PMArticle by Sabina Kotova
share
BUCHAREST (Romania), October 22 (SeeNews) – Bucharest share indices ended mostly lower on Thursday in declining turnover, brokers said.

Bucharest Stock Indices Mostly Fall in Slim Turnover

The blue-chip BET index of the Bucharest Stock Exchange, BVB, was the only index that bucked the decline, edging up a mere 0.02% to 4,640.72 points. The BET-FI index, which tracks the country's five regional investment funds, the SIFs, lost 1.04% to 23,357.22 points.

The composite BET-C index shed 0.15% to 2,798.86 and the ROTX index of Romania's 15 most liquid stocks, a joint index of the BVB and the Vienna Stock Exchange, declined 0.27% to 9,778.09.

BVB's turnover slumped to 11.1 million lei ($3.9 million/2.6 million euro) from 49.75 million lei on Wednesday. The number of traded shares, however, increased to 25.1 million from 21 million on Wednesday.

SIF 5 Oltenia ended down 1.71% to 1.15 lei in the day's largest turnover of 2.9 million lei. SIF 2 Moldova closed 0.95% lower at 1.04 lei on deals worth 1.4 million lei, Thursday’s second largest turnover.

Blue-chip bank BRD closed unchanged at12.9 lei in the session’s third largest turnover of 1.1 million lei, while its blue-chip peer Banca Transilvania shed 0.56% to 1.79 lei in 1.0 million lei turnover.

SIF 3 Transilvania fell 2.13% to 0.69 lei in 746,000 lei turnover, and SIF 1 Banat Crisana ended unchanged at 1.11 lei in deals worth 428,000 lei.

Blue-chip oil and gas company Dafora slipped 1.79% to 0.11 lei in 219,000 lei turnover, while blue-chip oil and gas group OMV Petrom rose 0.36% to 0.281 lei on deals worth 285,000 lei.

Blue-chip oil refinery Rompetrol Rafinare gained 1.71% to 0.0655 lei before the Romanian market regulator was to announce its decision regarding the pricing of the upcoming buyout bid for the refinery.

The BET-XT index, which tracks the 25 most liquid companies on the bourse, including the SIFs, slid 0.37% to 456.10 points. The BET-NG, which includes companies from the energy sector and utilities, was up 0.55% to 621.37 points.

Rasdaq-C, the composite index of the over-the-counter market RASDAQ, edged down 0.22% to 2,233.29. Turnover on the RASDAQ rose to 1.6 million lei from 1.3 million lei on Wednesday.

(1 euro = 4.2909 Romanian lei)

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