image

business forward

Electrica leads blue-chip decliners on Bucharest stock exchange, indices fall - SeeNews

BUCHAREST (Romania), August 18 (SeeNews) - Romanian power supplier and distributor Electrica [BSE:EL] led the decliners among the blue chips on the Bucharest Stock Exchange (BVB) on Wednesday, bourse data showed.

The total equity turnover of the BVB fell to 20.7 million lei ($4.9 million/4.2 million euro) on Wednesday, from 27 million lei on Tuesday, BVB data showed.

Blue-chip investment fund Fondul Proprietatea [BSE:FP] rose 2% to 1.8360 lei in the day's highest turnover of 4.45 million lei.

Blue-chip lender Banca Transilvania [BSE:TLV] stood to 2.98 lei in the day's second largest turnover of 2.84 million lei.

Electrica led blue-chip decliners on Wednesday, as its share price lost 4.04% to 11.88 lei in the day's third largest turnover of 1.95 million lei. the company said on Tuesday evening that its consolidated net profit fell 59.8% year-on-year to 76 million lei in the first half of 2021.

Details follow:

Index Closing Value Daily Change BET 12,138.17 0.11% BET-TR 21,330.89 0.12% BET-FI 51,606.47 -0.10% BETPlus 1,815.15 0.11% BET-NG 776.67 -0.81% BET-XT 1,068.31 -0.10% BET-XT-TR 1,879.43 -0.09% BET-BK 2,055.58 -0.26% ROTX 26,317.87 0.46%

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=4.9259 lei)