November 11 (SeeNews) - Romanian stock indices mostly rose on Friday as turnover fell sharply, bourse data indicated.
The total equity turnover of the BVB fell to 16.9 million lei ($4 million /3.7 million euro) from 38.1 million lei on Thursday.
In regular trading, blue-chip natural gas producer Romgaz [BSE: SNG] gained 0.42% to 24.15 lei in Friday largest turnover of 6.86 million lei. Also on Friday, Romgaz said its net profit dropped 26.8% year-on-year to 713.7 million lei in the first nine months of 2016 due to decreased demand.
Blue-chip oil and gas group OMV Petrom [BSE:SNP] lost 1.10% to 0.2255 lei in the day's second largest turnover of 2.4 million lei. On Wednesday, OMV Petrom said that its consolidated earnings before interest and taxes (EBIT) fell by 14% on the year to 1.13 billion lei in the first nine months, affected by the oil price drop. Also, OMV Petrom said that it plans 30% lower investments for this year.
Blue-chip lender Banca Transilvania [BSE: TLV] rose 0.64% to 2.3450 lei in the day's third-largest turnover of 2.35 million lei.
Details follow:
Index |
Closing Value |
Daily Change |
BET |
6,849.80 |
0.06% |
BET-TR |
8,461.36 |
0.06% |
BET-FI |
28,827.81 |
0.45% |
BETPlus |
1,019.51 |
0.06% |
BET-NG |
561.44 |
-0.22% |
BET-XT |
620.84 |
0.11% |
BET-XT-TR |
785.44 |
0.11% |
BET-BK |
1,308.34 |
0.22% |
ROTX |
13,757.04 |
-0.01% |
BET Total Return index (BET-TR) is a free float weighted index of the 10 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 40 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 =4.5125 lei)