Petrom stock rose 6 percent on BVB

Sursa: Standard.ro | Publicat: 24 apr 2008, 15:35

Oil company Petrom, the largest company in Romania, emerged as a winner after Thursday’s trading session on the Bucharest Stock Exchange (BVB). Its stock registered 6 percent increase, due to higher profit estimates for 2008.

ARTICOLE root_node

Following a shareholders’ meeting on Tuesday evening, the company announced its net income was likely to amount to €682.2 million, some 36 percent higher year-on-year. Company officials estimate turnover worth €3.3 billion for 2008.

Furthermore, Petrom shares were the most traded on Thursday, with deals worth €2.48 million. The liquidity on BVB, including the electronic Rasdaq market, amounted to €5.03 mln.

BVB closed the trading session with a slight increase of 1 percent. The BET index, following the top 10 listed companies, rose 0.9 percent.

The BET-FI index, monitoring the evolution of the five financial investment companies (SIF), closed on zero, due to suspension of deals with four SIFs stocks.

Daca ti-a placut articolul, urmareste MONEY.ro pe FACEBOOK!

Taguri: