Bucharest Stocks End Mixed On Low Traded Values

09.24.2013 By Bogdan Neagu

The Bucharest stock market ended slightly changed Tuesday, with OMV Petrom (SNP.RO) and Banca Carpatica (BCC.RO) losing more than 1%, while financial stocks were mostly in green.

BET lost 14.91 points, or 0.25%, to close at 5,916.44, while composite index BET-C was up 4.43, or 0.14%, to 3,115.19.

Petrom closed 0.4435 lei (EUR0.1) per share, down 1.03% on the day, while Banca Carpatica lost 1.31% to RON0.0676 per share.

On the other hand, Fondul Proprietatea (FP.RO) shares closed up 0.14%, at RON0.723, slightly off an all-time high of RON0.728 touched earlier in the day. Transgaz closed up 1.02%, while BRD (BRD.RO) rose 0.23%, but Banca Transilvania (TLV.

BET-FI, which tracks Fondul Proprietatea and the five regional investment funds (SIFs), closed at 26,509.9 points, up 0.3% on the day.

Bucharest benchmark index BET-BK was down a mere 0.03%, while BET-XT lost 0.12%.

On the other hand, energy stocks tracker BET-NG rose 0.56%, helped by good performances of Dafora (DAFR.RO), which closed up 9.67%, and Rompetrol Rafinare (RRC.RO), up 2.95%.

Traded values were low, with share transfers reaching RON19.7 million (EUR4.4 million), which was still 50% higher on the day. (EUR1=RON4.4684)