You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Romanian bourse indices rise further, turnover doubles

Romanian bourse indices rise further, turnover doubles Bucharest Stock Exchange (BVB)

​BUCHAREST (Romania), March 25 (SeeNews) - ​The share indices of the Bucharest Stock Exchange (BVB) rose further on Wednesday, as daily turnover fell, bourse data showed. 

The total equity turnover of the BVB amounted to some 83.6 million lei ($19 million/17 million euro) on Wednesday, compared to 40.7 million lei on Tuesday, bourse data showed. 

Lender Banca Transilvania [BSE:TLV] rose by 5.40% to 1.7960 lei in the day's largest turnover of 19.3 million lei. 

Investment fund Fondul Proprietatea [BSE:FP] share price fell 5.88% to 1.12 lei in the second largest trading turnover during the session, of 19.3 million lei.

Private healthcare provider MedLife [BSE:M] stood to 28 lei in the day's third largest turnover of 10.7 million lei. 

Details follow:

BET 7,621.00 1.99%
BET-TR 12,199.24 1.99%
BET-BK 1,459.75 1.44%
BETPlus 1,141.11 1.93%
BET-FI 39,484.27 -1.14%
BET-NG 577.17 3.46%
BET-XT 701.56 1.98%
BET-XT-TR 1,130.64 1.98%
ROTX 15,899.42 2.14%

BET is the first index developed by BVB and represents the reference index for the local capital market. BET reflects the performance of the most traded companies on BVB’s regulated market, excluding financial investment companies (SIFs). It now includes 16 companies.

BET-TR is the first total return index launched by BVB. It is based on the structure of market reference index BET. BET-TR tracks the price changes of its component shares and is adjusted to also reflect the dividends paid by constituent companies.

BET Plus tracks the price changes of Romanian companies listed on BVB’s Regulated Market that meet minimum selection criteria of liquidity and free float. Financial investment companies are excluded from the index.

BET-FI is the first sector index launched by BVB and reflects the price changes of SIFs and of other assimilated entities.

BET-BK was designed to be used as a benchmark by asset managers and other institutional investors.

BET-NG is a sector index which reflects the evolution of all the companies listed on BVB’s regulated market included in the energy and related utilities sector. The maximum index weight a company can hold is 30%.

BET-XT tracks the price changes of the 25 most traded companies listed on BVB’s Regulated Market, including SIFs.

BET-XT-TR is the total return version of BET-XT index, which includes the 25 most traded Romanian companies listed at BVB.

ROTX is an index developed by BVB together with Vienna Stock Exchange. It tracks, in real-time, the price changes of the blue chip shares traded on the Bucharest Stock Exchange.

(1 euro=4.8367 lei)