Romanian stock indices turn red, Purcari paces decliners

The total equity turnover of the BVB amounted to some 112.17 million lei ($24.2 million/22.5 million euro) on Wednesday, up from 61.77 million lei on Tuesday, BVB's website showed.

Purcari led blue-chip decliners on Wednesday, as it shed 2.6%, closing at 15 lei.

Shares of blue-chip oil and gas group OMV Petrom [BSE:SNP] rose 1.33% to 0.76 lei in the session's largest trading turnover, of 44.82 million lei.

Blue-chip hydropower producer Hidroelectrica [BSE:H2O] saw its share price inch down by 0.08% to 123.9 lei in the day's second largest turnover, of 19.49 million lei.

Blue-chip lender Banca Transilvania [BSE:TLV] lost 0.78%, closing at 31.9 lei in the third largest trading turnover during the session, of 9.55 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=4.9763 ei)