Romanian stock indices turn red, Electrica leads blue-chip decliners

All but one of the nine Bucharest Stock Exchange (BVB) indices fell on Tuesday, as power supplier and distributor Electrica [BSE:EL] paced blue-chip decliners, data from the Bucharest Stock Exchange, BVB, showed.

The total equity turnover of the BVB amounted to some 24.77 million lei ($5.37 million/5.03 million euro) on Tuesday, up from 23.4 million lei on Monday, BVB data showed.

Electrica led blue-chip decliners, shedding 2% and reaching 9.30 lei.

Blue-chip oil and gas group OMV Petrom [BSE:SNP] closed flat at 0.4840 lei in the day's largest trading turnover during the session, of 7.32 million lei.

Blue-chip lender Banca Transilvania [BSE:TLV] fell by 0.93% to 19.22 lei in the day's largest turnover of 4.93 million lei.

Blue-chip nuclear power plant operator Nuclearelectrica [BSE:SNN] lost 1.29%, reaching 41.95 lei in the day's third largest turnover of 1.74 million lei.

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=4.9209 lei)