BUSINESS

Over 3 pc of Fondul Proprietatea shares sold on stock market

Several share packages accounting for a total 0.32 pc of Fondul Proprietatea (FP) shares were sold at the Bucharest Stock Exchange (BVB) within nine minutes in seven negotiated transactions, for RON 19.4 M (EUR 4.5 M). Six of the transactions were completed at the same price, of RON 0.434, 0.93 pc above their rate at the closing of the preceding session. The largest package, accounting for 0.18 pc of the Fund’s shares, was sold for RON 0.435, 1.16 pc above Wednesday’s rate. The deal brought the buyer RON 10.8 M (EUR 2.5 M).

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