Bucharest stock indices rebound, turnover falls

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

BUCHAREST (Romania), September 1 (SeeNews) - Bucharest stock indices rose on Friday in lower turnover, Bucharest Stock Exchange (BVB) data showed.

The total equity turnover of the BVB fell to 43.7 million lei ($11.3 million/9.5 million euro) from 133 million lei on Thursday.

Blue chip lender Banca Transilvania [BSE: TLV] rose 1.75% to 2.33 lei in in the day's largest turnover of 10.24 million lei.

Blue-chip BRD Societe Generale [BSE:BRD] fell 0.46% to 13 lei in the day's second largest turnover of 8.7 million lei.

Blue-chip investment fund Fondul Proprietatea [BSE: FP] gained 0.23% at 0.8720 lei in the day's third largest turnover of 7.56 million lei.

BVB said last week that its deputy chief Alin Barbu will fill in for CEO Ludwik Sobolewski, who is awaiting an extension to his term of office.

Currently, Barbu legally represents the BVB and ensures its day-to-day management, in accordance with internal rules, BVB said.

Details follow:

Index Closing Value Daily Change
BET 8,119.76 0.84%
BET-TR 10,762.26 0.84%
BET-FI 35,711.63 -0.08%
BETPlus 1,210.07 0.82%
BET-NG 684.40 0.91%
BET-XT 747.61 0.71%
BET-XT-TR 1,005.57 0.71%
BET-BK 1,637.84 0.61%
ROTX 16,577.30 0.79%

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 =4.5945 lei)

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