Bucharest Stocks Close Up, Proprietatea Fund Drives Trades
The Bucharest bourse closed Friday on an upward trend, while the trading was dominated by transactions with investment fund Fondul Proprietatea (FP.RO) shares.
The stock exchange’s composite index BET-C gained 0.42% on the day, to 2,686.63, while BET index rose 0.43% to 4,454.36.
BET-FI, the index tracking Fondul Proprietatea and the five regional investment funds SIFs, gained 1.2% to 20,969.39, driven by the 3.3% rise of Proprietatea shares.
The BET Extended index, or BET-XT, rose 0.42%, while the index tracking energy companies, BET-NG, inched up 0.17% on the day.
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