Capital Market
A 0.8% Stake In Proprietatea Fund Traded For Almost EUR12M On Bucharest Bourse
A 0.83% stake in Romanian investment fund Fondul Proprietatea (FP.RO) was traded in the second part of Thursday session on the Bucharest Stock Exchange, for 54.9 million lei (EUR11.9 million...
Bucharest Stocks Open Higher, Oltchim Surges 8%
The Bucharest stock exchange opened higher Thursday morning, in a quiet market, and with the shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) gaining 8.59% after Ziarul Financiar...
Leu Opens Down Vs Euro, In Low Volumes
Romania’s leu opened down versus the euro on Thursday, but it rapidly gained ground and set below 4.62 units, amid low volumes as the central bank does no longer intervene on the market.
Romania Wants New Precautionary Agreement With IMF In Bid To Calm Markets
The announcement by Finance Minister Florin Georgescu on Wednesday that Romania will seek another two-year precautionary agreement with the IMF is a clear attempt to calm suspicions of forei...
VP of Capital Market Regulator Earned 80% More In 2011
Carmen Negoita, vicepresident of the National Securities Commission (CNVM), the authority that supervises the capital market, earned 80% more in 2011 - 637,937 lei (EUR151,887), according to...
Leu Ends Up Vs Euro, In Line With Neighbors
Romania’s leu strengthened against the euro Wednesday and closed at 4.6135/4.6165 units on profit-taking and amid a positive sentiment in the region.
Bucharest-Listed Shares End Up, Focus On Fondul Proprietatea
The Bucharest stock exchange closed up Wednesday, tracking European markets, and the overall traded value registered its highest level over the past few months, supported by three special de...
Another 0.7% Stake In Proprietatea Fund Traded For EUR10M On Bucharest Bourse
Another 0.73% stake in Romanian investment fund Fondul Proprietatea (FP.RO) was traded mid-session Wednesday on the Bucharest Stock Exchange, for 47.3 million lei (EUR10.2 million).
Leu Recovers From Record Lows Vs Euro, Dollar
Romania’s leu took a breather Wednesday following three consecutive days of steep depreciation and the central bank’s reference rate strengthened 0.4% to 4.6186 units, from an all-time low o...