Bucharest Stocks Open Slightly Down, On Low Traded Values

01.03.2014 By Bogdan Neagu

The Bucharest stock market was slightly down in early session Friday, while the traded values were rather low.

At around 11:03 local time (GMT0903), the Bucharest bourse’s BET index was down 0.19% from Monday, the last trading day of 2013, while composite index BET-C was down 0.15%.

Among the most traded stocks, Fondul Proprietatea (FP.RO) inched 0.1% higher, but OMV Petrom (SNP.RO) and Romgaz (SNG.RO) were both losing 0.1%.

Investment fund tracker BET-FI was down 0.53%, while extended blue-chip index BET-XT was losing 0.3%.

Bucharest benchmark index BET-BK was down 0.39%, while energy stocks tracker BET-NG was declining 0.2%.

After more than an hour of trading, the bourse’s turnover was just 1.4 million lei (EUR0.3 million). (EUR1=RON4.4847)