Romanian Stock Indices Continue to Crash, Aquila Leads Prime Decliners
BUCHAREST (Romania), May 10 (SeeNews) – Romanian stock indices continued to lose ground on Tuesday, as consumer goods distribution and logistics company Aquila [BSE:AQ] led the prime decliners, according to data from the Bucharest Stock Exchange, BVB.
The total turnover of BVB shares amounted to some 33.7 million lei (7.2 million dollars/6.8 million euros) on Tuesday, compared to 31 million lei on Monday, said the BVB website.
Aquila led the blue-chip declines on Tuesday, shedding 2.59% to 0.7520 lei.
Premier oil and gas group OMV Petrom [BSE:SNP] lost 1.06% to 0.4650 lei in the largest trading turnover during the session, of 10.6 million lei.
Banca Transilvania prime lender [BSE:TLV] rose 0.44% to 2.26 lei in the second highest turnover of the day of 6.29 million lei.
First-rate bank BRD Societe Generale [BSE:BRD] rose 0.12% to 16.4 lei in the third highest turnover of the day of 4.88 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 the stocks that make it up 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 = 4.9457 lei)
BRD – Groupe Societe Generale SA is one of the biggest banks in SEE, for more reference see Top 100 banks