Stocks extend gains to fourth day

Stocks extend gains to fourth day

Stocks at the Bucharest Stock Exchange ended another winning day with strong gains across the board, led by BET-FI index that outperformed the market and closed 4% higher.

The total trade value at the equity market stood at 29 million lei (€7 million).

BET index that gauges the performance of ten most actively traded stocks at BSE gained 2.33% to 5,218.69 points, while composite BET-C climbed 1.7% to 3,067.46 points.

BET-FI index of the five financial investment companies had the biggest hike, of 4.09% to 22,981.49 points, while Vienna’s ROTX rose 1.74% to 10,575.77 points.

BET-XT index of the 25 most traded stocks closed up 2.84% to 484.77 points, while BET-NG benchmark of ten energy stocks finished up 1.97% to 733.29 points.

SIF Oltenia (BSE:SIF5) have been the most traded, with total trade value of 6.3 million lei while stock prices increased by 3.88% to 1.34 lei. SIF Banat-Crisana (BSE:SIF1) recorded a total trade value of 1.4 million lei, while stock prices jumped 6.54%.

Banca Transilvana (BSE:TLV) rose 1.9% to 1.58 lei, while Transgaz (BSE:TGN) finished up 0.89% to 226 lei.

OMV Petrom (BSE:SNP) went up 4% to 0.31 lei, while Broker Cluj (BSE:BRK) climbed 5% to 0.27 lei.

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