BSE stocks bear and financials bull

In the Monday’s trading session, the liquidity at the Bucharest Stock Exchange shrank 16% to 19.37 million lei (€4.71 million), from Friday’s level of 23.15 million lei (€5.62 million).

Bond market generated a liquidity of 27.27 million lei (€6.62 million) after 2,400 state securities changed hands.

BET index that gauges the performance of the ten most actively traded stocks fell 0.64% to 5,199.03 points, while composite BET-C dropped 0.59% to 3,047.19 points.

BET-FI index of the five financial investment companies (BSE:SIF) gained 1.13% to 27,743.29 points while Vienna’s ROTX held steady at 10,817.27 points.

BET-XT index of the five most traded stocks fell 0.10%to 521.04 points, while BET-NG of the ten energy companies shed 0.67% to 663.42 points.

However, the European stocks were showing modest gains at BSE’s closing, buoyed by mining stocks. At the London Stock Exchange, FTSE index of the leading 100 companies was climbing 0.83% to 5,501 points, while Germany’s DAX was moving 0.57% higher to 5,910 points. France’s CAC40 was rising 0.53% to 3,975 points.

FIC Oltenia (BSE:SIF5) have been the most traded stocks today, with a liquidity of 4.32 million lei while stock quotes rose 1.34% to 1.51 lei. In the same sector, SIF Moldova (BSE:SIF2) jumped 2.33% to 1.32 lei.

In the banking sector, Banca Transilvania (BSE:TLV) shares suffered a 1.32% decline to 2.25 lei, while Erste Bank (BSE:EBS) finished up 1.86% to 125.70 lei.

Transactions with Petrom (BSE:SNP) totaled 1.25 million lei, while stock quotes declined 0.68% to 0.29 lei. Transgaz Medias (BSE:TGN) fell 0.43% to 185 lei, in a liquidity of 428.869 lei.