BUCHAREST (Romania), January 9 (SeeNews) – The indices of the Bucharest Stock Exchange kicked off the week mostly in the red amid low liquidity and high volatility.
The blue-chip BET index of the Bucharest bourse shed 0.19% to 4,371.13 points on Monday. The BET-FI, which tracks Romania’s five regional investment funds, the SIFs, and property restitution fund Proprietatea [BSE:FP], inched down 0.23% to 19,244.86 points.
The composite BET-C edged down 0.08% to 2,647.45 points on Monday. The ROTX index of Romania's 15 most liquid stocks, a joint index of the Bucharest Stock Exchange, BVB [BSE:BVB], and the Vienna Stock Exchange, lost 0.92% to 7,928.47 points.
BVB's equity turnover fell slightly to 6.66 million lei ($1.95 million/1.5 million euro) from 6.8 million lei on Friday.
Turnover from trading in structured products totalled 1.2 million lei on Monday. Trading in government securities generated a turnover of 1.0 million lei.
Blue chip Fondul Proprietatea added 0.02% to 0.43 lei in Monday’s largest turnover of 1.6 million lei.
Gas transmission company Transgaz [BSE:TGN] led the blue-chip losers, dropping 1.26% to 227.1 lei in 94,000 lei turnover. Power grid operator Transelectrica [BSE:TEL] was the top blue-chip gainer, climbing 1.14% to 17.7 lei in 17,000 lei turnover.
SIF 1 Banat Crisana [BSE:SIF1] was the top loser among the SIFs, dipping 1.29% to 0.8785 lei in deals worth 223,000 lei.
The BET-XT index, which tracks the 25 most liquid companies on the bourse, including the SIFs, ended 0.2% down at 407.43 points. The BET-NG, which includes companies from the energy sector and utilities, was the only index to rise, gaining 0.92% to end at 628.47 points.
Rasdaq-C, the composite index of the over-the-counter market RASDAQ, slid 0.22% to 1,590.00 points. Turnover on RASDAQ slumped to 64,000 lei from 2.5 million lei on Friday when 300,000 shares, equal to 15.8% of leasing firm Stomobi, changed hands in four block deals worth a combined 754,000 lei.
(1 euro = 4.3527 Romanian lei)