Capital Market
Bucharest Stocks Open Down, Amid Low Traded Values
The Bucharest stock exchange opened down Wednesday, switching trend from the last five sessions, amid low traded values mainly supported by shares of Fondul Proprietatea (FP.RO).
SE Europe Is No Longer In Fashion For Private Equity Funds
Attracting funding is currently the main problem for private equity funds in the region because investors in the US and in Western Europe are no longer interested in South Eastern Europe.
Bucharest Shares Close In Green, Amid Low Volumes
The Bucharest stock exchange closed higher Tuesday, for the fifth trade in a row, mirroring foreign markets, but volumes stayed low.
Leu Weakens Vs Euro Amid Political Tensions
Romania’s leu weakened against the euro in late trade Tuesday, amid raising volumes and political tensions in parliament between the parties in the governing coalition and the opposition.
Leu Stable Vs Euro, Exchange Rate At 4.4505
Romania’s leu traded near 4.45 per euro by midday Tuesday, while the central bank’s reference retreated slightly to 4.4505 units, from 4.4496 units a day earlier.
Transelectrica Names Gabriel Gheorghe As Interim Board Member
The managing board of Romanian state-owned power grid operator Transelectrica (TEL.RO) appointed Gheorghe-Gabriel Gheorghe as interim member of the board, replacing Remus Vulpescu, who resig...
Bucharest Stocks Open Up, Proprietatea Fund Supports Volumes
The Bucharest stock exchange opened up Tuesday, for the 5th trade in a row, and amid low traded values mainly supported by shares of Fondul Proprietatea (FP.RO).
Leu Opens Flat Vs Euro In Thin Trade
The Romanian leu opened flat against the euro in a sleepy Tuesday morning and moved in a tight range in early action, amid low volumes.
How Many Mutual Funds Yielded Higher Gains Than Bank Deposits
About 30 of the 63 mutual funds on the local market managed to beat bank deposit interests in the first half, which stood at 3.25% a year, even though many of the funds that posted lower yie...