One United Properties leads top-notch declines on Bucharest Stock Exchange, stock indices fall
BUCHAREST (Romania), March 23 (SeeNews) – Romanian property developer One United Properties [BSE:ONE] led the declines among blue chips on the Bucharest Stock Exchange (BVB) on Wednesday, according to data from the exchange.
The total turnover of BVB shares amounted to some 55 million lei ($12 million/11 million euros) on Wednesday, the same as Tuesday, the BVB website said.
On Wednesday, One United Properties led the blue-chip declines as its share price fell 6.14% to 1.3140 lei.
Banca Transilvania prime lender [BSE:TLV] lost 4.76% to 2.5 lei in the highest trading turnover during the session of 12.87 million lei.
First class investment fund Fondul Proprietatea [BSE:FP] rose 0.10% to 1.9620 lei in the second highest turnover of the day of 11.07 million lei.
Premier oil and gas group OMV Petrom [BSE:SNP] lost 1.05% to 0.47 lei in the third turnover of the day of 8.22 million lei.
The details follow:
BET is the first index developed by BVB and represents the benchmark index for the local capital market. BET reflects the performance of the most traded companies on the BVB regulated market, excluding financial investment companies (FIS). It now includes 20 companies.
BET-TR is the first total return index launched by BVB. It is based on the structure of the BET market benchmark. BET-TR tracks changes in the price of its component stocks and is adjusted to also reflect dividends paid by constituent companies.
BET-FI is the first sector index launched by BVB and reflects the evolution of the prices of FIS and other similar entities.
BET-BK was designed to be used as a benchmark by asset managers and other institutional investors.
BET-NG is a sector index that reflects the evolution of all companies listed on the BVB regulated market included in the energy and related utilities sector. The maximum index weighting a company can hold is 30%.
BET-XT tracks the price changes of the 25 most quoted companies on the BVB regulated market, including FIS.
BET-XT-TR is the total return version of the BET-XT index, which includes the top 25 Romanian companies listed on the BVB.
ROTX is an index developed by BVB in collaboration with the Vienna Stock Exchange. It tracks, in real time, the price changes of top-notch shares traded on the Bucharest Stock Exchange.
BET AeRO is the first index for the AeRO market developed by BVB that reflects the price development of representative companies listed on the AeRO market that meet the criteria of liquidity and free-float market capitalization. It is a free-float, market capitalization-weighted index with a maximum weighting of 15% for an index constituent.
(1 euro = 4.9459 lei)
Banca Transilvania SA is one of the largest banks in SEE, for more reference take a look at the top 100 banks