Bucharest Stocks Open Undecided, On Reduced Interest
The Bucharest bourse opened almost flat Wednesday, on extremely low interest, with the only spark coming from a large transaction in investment fund Fondul Proprietatea (FP.RO) on the deal market.
A 0.3% stake in the Proprietatea fund was traded on the deal market as soon as the bourse opened, for 20.58 million lei (EUR4.73 million). Besides the Proprietatea deal, the trading was very thin, totaling RON22.5 million by 10:51 local time (GMT0851), including the deal market transaction.
The Bucharest bourse’s main index BET was up a mere 0.08%, while the composite index BET-C was gaining 0.09% at around 10:54.
BET-FI, the index tracking the main investment funds, was gaining 0.72% on the day.
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