Capital Market
Bucharest Bourse Ends Slightly Up On Low Volumes
The Bucharest stock exchange closed slightly up Tuesday, for the third consecutive session, but volumes remained low, as investors still lack interest.
Leu Closes Slightly Up Vs Euro On Low Volumes
Romania’s leu rose slightly against the euro Tuesday and closed at 4.5645/4.5665 units, amid low volumes.
Leu Cuts Losses Vs Dollar, Falls To New Low Of 4.5651 Vs Euro
Romania’s leu widened earlier losses against the euro by midday Tuesday and the exchange rate weakened for a third straight session to a new record low of 4.5651 units, from 4.5571 units a d...
SIF Muntenia Appoints President Of Stockholders' Representatives Council
Romanian regional investment fund SIF Muntenia (SIF4.RO) Tuesday said it appointed Olimpiu Ionel Blajut as president of the fund’s Council of Stockholders' Representatives and Daniel Pandele...
Leu Opens Lower Vs Euro, Close To 4.57 Units
Romania’s leu opened lower against the euro Tuesday morning, up to 4.5695 units, similar to Friday’s historic low of 4.57.
Erste AM Plans To Raise RON100M For New Money-Market Fund
Erste Asset Management, the largest asset manager on the local market, sets out to raise 100 million lei (EUR22 million) by yearend for a money-market fund built to the new European standard...
Bucharest Bourse Closes Up, Amid Scarce Volumes
The Bucharest stock exchange closed in the green Monday, in an opposite trend from the Western European markets and amid low traded volumes specific to the summer period.
Leu Ends Flat Vs Euro On Low Volumes
Romania’s leu closed flat against the euro amid low volumes Monday, despite the central bank’s fixings falling to new lows versus both the euro and the US dollar.
Romania Sells RON185M 2-Year Bonds; Yield Flat At 6%
The Romanian Finance Ministry has raised only 184.8 million lei (EUR40.5 million) at a two-year bond sale Monday, well below the planned amount, in a bid to keep yields steady.