Capital Market
Bucharest Stocks Open Lower On Scarce Liquidity
Bucharest shares opened slightly down Friday morning, tracking international markets, while a reduced appetite from investors kept volumes low in early trade.
Leu Slightly Up Vs Euro In Early Action
Romania’s leu edged higher against the euro Friday morning, supported by interventions from the central bank, market participants said.
Gheorghe Iaciu To Get Dividends Of EUR1.5M From SIF Muntenia
Businessman Gheorghe Iaciu, owner of Doraly shopping center nearby Bucharest and the largest shareholder of regional investment fund SIF Muntenia (SIF4.RO), will receive dividends of around...
Change Of Direction In BNR’s Policy?
BNR is keeping interests low and lets the leu constantly depreciate, as recommended by the International Monetary Fund.
Condmag Borrows RON12M From Intesa Sanpaolo
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) Thursday said it will take out a 12 million lei (EUR2.6 million) loan from Italy’s Intesa Sanpaolo.
Bucharest Bourse Ends Flat, SIF Muntenia Loses Almost 12%
The Bucharest stock exchange ended flat Thursday, after it posted increases in four consecutive sessions, and the overall traded value was still low.
Leu Falls To New Low Of 4.5825 Vs Euro
Romania’s leu fell to new record lows against the euro in late trade Thursday, amid raising volumes, and closed 0.25% weaker on the day despite covert interventions from the central bank to...
Leu In Ranges Vs Euro, Exchange Rate At 4.5638
Romania’s leu moved in narrow ranges against the euro by midday Thursday and the exchange rate strengthened slightly to 4.5638 units, from 4.5647 units a day earlier.
Bucharest Stocks Open Higher, SIFs In The Red
The Bucharest stock exchange opened higher Thursday, with the five regional investment funds SIFs losing ground, mainly dragged down by SIF Muntenia (SIF4.RO) shares on the ex-dividend day.