Best Stocks to Buy – Romanian bourse indices rise further, Digi Communications leads blue-chip gainers
BUCHAREST (Romania), March 30 (SeeNews) – Most Romanian stock indices ended Tuesday session in the green, as telecom services provider Digi Communications [BSE:DIGI] paced blue-chip gainers, data from the Bucharest Stock Exchange, BVB, indicated.
The total equity turnover of the BVB amounted to some 37 million lei ($8.8 million/ 7.5 million euro) on Tuesday, compared to 33.74 million lei on Monday, BVB’s website showed.
Digi Communications, majority owner of Romanian company RCS&RDS, led blue-chip gainers on Tuesday, rising 7.58% to 35.5 lei. Digi said on Monday evening that it has entered into a preliminary, non-binding agreement for the sale of its Hungarian operations to Hungary’s 4iG.
Blue-chip lender Banca Transilvania [BSE:TLV] gained 0.41% to 2.43 lei in the largest trading turnover during the session, of 8.21 million lei.
Blue-chip oil and gas group OMV Petrom [BSE:SNP] share price rose 1.20% to 0.4210 lei in the day’s second largest turnover of 4.02 million lei.
Blue-chip lender BRD Groupe Societe Generale [BSE:BRD] changed hands 0.89% higher to 15.9 lei in the day’s third largest turnover of 3.56 million lei.
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=4.9156 lei)