Romanian bourse indices end session lower, OMV Petrom leads blue-chip decliners

​BUCHAREST (Romania), September 16 (SeeNews) – ​Romanian stock indices ended in the red on Wednesday, as oil and gas group OMV Petrom [BSE:SNP] led blue-chip decliners, data from the Bucharest Stock Exchange, BVB, indicated.

The total equity turnover of the BVB amounted to some 44.5 million lei  ($11 million/9 million euro) on Wednesday, compared to 34.7 million lei on Tuesday, BVB’s website showed.

Lender Banca Transilvania [BSE:TLV] lost 1.58% to 2.4950 lei in the largest trading turnover during the session, of 15.89 million lei. 

OMV Petrom led blue-chip decliners, losing 5.93% to 0.3490 lei in the day’s second largest turnover of 6.46 million lei. 

On Wednesday, investment fund Fondul Proprietatea said it plans to sell a 2.47% stake in OMV Petrom. The investment fund will offer institutional investors a base deal of some 1.4 billion existing shares in OMV Petrom.

Lender BRD Groupe Societe Generale [BSE:BRD] stood to 12.86 lei in the day’s third largest turnover of 2.86 lei.

Details follow:

BET 9,232.90 -1.80%
BET-TR 15,383.74 -1.79%
BET-BK 1,752.60 -0.95%
BETPlus 1,382.58 -1.74%
BET-FI 42,923.70 -0.19%
BET-NG 677.32 -2.43%
BET-XT 831.24 -1.56%
BET-XT-TR 1,392.21 -1.55%
ROTX 19,014.98 -1.92%

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 17 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 Plus tracks the price changes of Romanian companies listed on BVB’s Regulated Market that meet minimum selection criteria of liquidity and free float. Financial investment companies are excluded from the index.

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.

(1 euro=4.8586 lei)

Read More: Romanian bourse indices end session lower, OMV Petrom leads blue-chip decliners

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