Romanian stock indices close week in red, Aquila sheds most

The total equity turnover of the BVB amounted to some 43.73 million lei ($9.5 million/8.8 million euro) on Friday, increasing from approximately 29.6 million lei on Thursday, BVB's website showed.

Aquila paced blue-chip decliners on Friday, as its shares lost 1.79%, closing at 1.1 lei.

Hidroelectrica [BSE:H2O] shares fell by 1.57% to 125 lei in the session's largest trading turnover, of 18.31 million lei.

Shares of blue-chip natural gas producer Romgaz [BSE:SNG] closed flat at 53.1 lei in the day's second largest turnover, of 4.51 million lei.

Blue-chip lender Banca Transilvania [BSE:TLV] saw its shares inch up by 0.08% to 24.92 lei in the day's third largest trading turnover, of 3.37 million lei. The lender's board of directors concluded a deal to acquire 100% of the shares of OTP Bank Romania, part of Hungarian financial services group OTP, for 347.5 million euro ($374.2 million), Banca Transilvania said in a statement filed with the Bucharest Stock Exchange on Friday.

Details follow:

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 20 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-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.

BET AeRO is the first index for the AeRO market developed by BVB which reflects the price performance of the representative companies listed on the AeRO market that meet the liquidity and free-float market capitalization criteria. It is a free-float market capitalisation-weighted index, with the maximum weight of 15% for an index constituent.

(1 euro=4.977 lei)