Volumes do not return to BSE. The return of the explosion is also not

To a day broadly supportive of European equity markets, major BSE indices closed slightly above benchmark levels in the context of a trading session of less than $ 5 million. ; euro.

Anorthosis trading session on the Bucharest Stock Exchange, with modest oscillations in quotations and a turnover of only 23.12 million lei (4.96 million euros) on the stock market and those insured proportionally to more than half of the first two titles most traded.

The market had a weak reaction, although the context was favorable, with a "green" session at the European level, as shown by the Bloomberg Score: + 0.37% for the Euro Stoxx 50, +0.05% for London FTSE100, + 0.67% for Paris CAC40, + 0.53% for Frankfurt DAX, + 1.21% for WIG20 in Warsaw, -0.77% for Frankfurt BUX index in Budapest and + 0.74% pen

READ AND From Banca Transilvania there is only a slight "depreciation "from the leu until the end of the year. "I do not see a lot of pressure," says Omer Tetik CEO

In Bucharest, the BET Plus composite index soared by 0.10% and the BET representative index is appreciated from 0.14% to 7.876, 10 points. The index of the first – rate securities is on a slow yield with 3 sessions in which the advance was less than 0.40%. The Mometan index is in the balance, stopping on the 5-day exponential moving average (EMA5), which functions as a dynamic resistance. The trend is negative, with the index moving below the 200-day exponential moving average (EMA200), and the moving mobile Fibonacci averages, the 55-day exponential moving average (EMA55) and the 21-day exponential moving average (EMA21) downhill on a sloping slope, as shown on the attached chart

Banca Transilvania (TLV) shares rank at the top of the trades rankings, totaling 7.04 million lei, up 0.85% up to the price of 2.3700 lei / share. At the level of management of the credit institution, there is a concern about the liquidity of this action. CEO Omer Tetik says he has noticed that dividends liquidate the market rather than providing free shares as part of a capital increase by incorporating reserves.

Many investors chose to re-enter positions after receiving the product. "It's also a joy," says Tetik, referring to the investment policy. Banca Transilvania will size its policies according to these preferences. Investors in America and South Africa prefer instead to receive dividends to have the freedom to dispose of cash, while investors in Europe and Asia also accept compensation through capital increases

. a return on capital higher. This is why Banca Transilvania plans to promote a generous dividend policy. The perception is currently among the portfolio investors that the credit institution is too liquid. "Consider that we are too cautious," says Tetik.

<img src = "http://i0.1616.ro/media/2/2621/33214/18215675/1/power-2881467-1280.jpg?width=151" alt = "The rating outlook of Transelectrica, improved from "stable =" "to =" "" "=" "" = "" "=" "" = "19659005] READ AND Transelectrica improved outlook from" stable "to" positive ". The empty part of the glass: the low investment rate and the large dividends demanded by the state can reduce the value of the company

The second turnover of the day, of 3.28 million lei on the regulated market, listed on the Fondul Proprietatea shares) which staked at the price of 0.8800 lei / share. This single transmitter was the only special transfer in the hill market, worth 1.60 million lei. The BET-FI financial index posted a downward trend in line with the market average of 0.10% at 37,536.52 points, close to the BET-NG index which closed up from 0.09% compared to the benchmark

In this sectoral segment, Romgaz Mediaş (SNG) gained 1.86%, to 32.90 lei / share, with transfers of 2.44% million lei. On a day when the price of Brent crude oil in London still exceeded $ 79.00 per barrel, OMV Petrom (SNP) shares corrected 0.15% at a price of 0.3285 lei / share. Trangaz shares (TGN) depreciated by 1.12%, at a price of 309.00 lei / share, on volumes equivalent to 1.75 million lei