Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Stocks Stay On Downward Trend, On Low Traded Values
The Bucharest stock exchange was in red territory Monday morning, following the international markets' trend, but the traded values were low.
Bucharest Stocks Fall; Fondul Proprietatea Deals Lift Traded Value To 14-Month High
The Bucharest-listed shares closed down Friday, after a quiet session, in which the only sparkle was provided by a negotiated deal with Fondul Proprietatea (FP.RO) stock, worth 199.4 million...
Bucharest Stocks End Higher, SIFs Buck Trend
The Bucharest stock exchange closed higher Thursday, as most blue-chips posted solid gains, but the regional investment funds, or SIFs, ended in negative territory.
Bucharest Stocks Open Undecided, Eyes On Antibiotice
The Bucharest-listed stocks opened almost flat Thursday, on reduced interest, with Antibiotice (ATB.RO) leading the trading charts in early session.
Bucharest Stocks Close Slighty Down, Fondul Proprietatea Deals Lift Traded Value
The Bucharest-listed shares closed slightly down Wednesday, amid improved traded values, lifted by two late trades with Fondul Proprietatea (FP.RO) stock.
INS: Romania Unemployment Rate Rises To 7.5% In March
Romania's unemployment rate was at 7.5% in March, up from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Wednesday.
Bucharest Stocks Open Up, In Line With Foreign Markets
The Bucharest-listed stocks were up some 1% in early trade Wednesday, following the positive sentiment on international markets, amid improved trading values.
Leu Continues Decline Vs Euro, Central Bank Decisions Eyed
The Romanian leu continued to fall to record lows versus the euro on Wednesday, after the local market was closed for a public holiday Tuesday and the local currency lost significant ground...
Bucharest Shares Close Slightly Up, SIFs Rise Higher
The Bucharest-listed stocks closed slightly changed Monday, in a market moved almost exclusively by several special deals, but the regional investment funds (SIFs) posted significant advance...
BCR Swings To RON308M Net Loss In First Quarter
Romania's largest banking group BCR Monday reported the widest quarterly loss since it was taken over by Austria’s Erste Bank (EBS.RO) in 2006 as rising risk costs continued to hurt the bott...
BRD 1Q Net Profit Falls 39% To RON83M
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) Monday reported a 39% drop in first-quarter net profit, as an increase in risk costs offset the improvement in operating in...
Alro Sees 2012 Net Profit Down 5% To $71.3 million
Romanian aluminum smelter Alro Slatina (ALR.RO), a unit of Dutch-registered metals group Vimetco, forecasts a net profit of $71.3 million in 2012, down 5% on the year, on lower sales.