The shares of "Petrom"(symbol: SNP) rose 5.88% over the last two trading session, as the BET index, which tracks the top ten most liquid stocks, rose more than 1% a day. At the end of yesterday's session, the shares of SNP reached 0.36 lei/unit.
Even though the rise of SNP was bigger than the average of the market, some brokers think that the positive evolution is the result of the market's favorable context, whereas others think that the explanation lies with the dividend expectations for last year, or with the expectations that the price of oil will rise.
On Wednesday, "BURSA" published an interview with Mihai Macsim, the general manager of the Romanian Russian Chamber of Commerce and Trade (CCIRR), who said that the Russians were interested in acquiring the assets owned by OMV in Romania, which was however not confirmed by any other sources.
* Marcel Murgoci, "Estinvest": The rumors concerning the possible acquisition of the stake of OMV by the Russians is influencing the price of the stock
Marcel Murgoci, operations manager at "Estinvest" Focşani, considers that the gains of SNP come from the rumors which appeared in the press, concerning a potential interest of a Russian company to acquire the majority stake of OMV. He went on to say: "Furthermore, the overall upward trend of the market also contributed to the rise of the shares of Petrom".
* Mihai Mureşian, "Intercapital Invest": The price of SNP rose along with the market
Mihai Mureşian, trading director at "Intercapital Invest", said that the shares of Petrom rose along with the rest of the market and he doesn't think there were any other factors behind the move.
* Irina Creţu: The dividend expectations and the attractive valuation multiples are causing the price of SNP to rise
Irina Creţu, chief-analyst at "NBG Securities", considers that the evolution of the s
