Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Stocks Up In Early Trade, SIFs Recover
The Bucharest-listed shares inched up in first minutes of Thursday's trading session, and the regional investment funds (SIFs) recovered after the heavy selloff a day before
Leu Opens Up Vs Euro On Low Volumes
The Romanian leu strengthened against the euro in early trade Thursday, after several sessions in which it lost significant ground and the central bank's reference rate touched consecutive a...
Leu Falls To 4.45 Vs Euro, Central Bank Steps In
The Romanian leu fell against the euro in early trade Wednesday as negative sentiments persisted on international markets, and the central bank stepped in to prop the national currency, deal...
Bucharest Stocks Open Down, SIFs Tumble
The Bucharest bourse extended losses in early trade Wednesday, with SIF Transilvania (SIF3.RO) and SIF Banat-Crisana (SIF1.RO) spearheading the falls with double-digit declines.
Bucharest Stocks Close Down; Petrom Weighs In
The Bucharest stock exchange closed down Tuesday, a day after a 4% decline, with OMV Petrom (SNP.RO) losing more than 5% in the ex-dividend date.
Fondul Proprietatea Turns To Loss In 1Q As Revenue Falls 60%
Romanian investment fund Fondul Proprietatea (FP.RO) saw its revenue fall to 13.4 million lei (EUR3 million) in the first quarter, from RON33.3 million in the same period a year ago, and tur...
Fondul Proprietatea Sees Net Assets Falling 3% In April
Romanian investment fund Fondul Proprietatea (FP.RO) Tuesday said its net assets fell 2.94% on the month in April to 15.52 billion lei (EUR3.53 billion), mostly due to decreases in the price...
Petrom Drives Bucharest Stocks Lower
The Bucharest stock exchange remained in the red Tuersday morning, after heavy selloff a day before, with OMV Petrom (SNP.RO) shares losing more than 7% in the ex-dividend date.
Leu Stays Around 4.44 Vs Euro In Quiet Trade
The Romanian leu traded around 4.44 versus the euro Tuesday morning, but the transferred voilumes were low as investors did not react to the economic data.
Bucharest Bourse Starts Week With 4% Fall, Energy Stocks Sink
The Bucharest exchange posted Monday its largest decline in the past nine months, with the financial and energy stocks taking the hardest hits, as markets across the globe were jolted by fea...
Transgaz 1Q Net Profit At RON173.5M, Down 11% On Year
Romanian national gas transport company Transgaz (TGN.RO) Monday reported a 11% decrease in its first quarter net profit to 173.5 million lei (almost EUR40 million), as sales inched down in...
Leu In Ranges Vs Euro, In Calm Market
The Romanian leu stayed around 4.44 per euro at the start of Monday trading session, in a quiet market, while the other currencies in the region and the euro were falling after the deepening...