Capital Market
Bucharest Bourse Ends Up, Petrom Deals Lift Traded Values
The Bucharest stock exchange rose 0.7% Friday, fueled by a positive sentiment on international markets, but the interest for local stocks remained low, with only special deals lifting the tu...
Leu Ends Weaker Vs Euro On Rising Volumes
Romania’s leu reversed earlier gains versus the euro amid growing volumes in late trade Friday, closing weaker on the day at 4.464/4.4675 units.
Leu Up Vs Euro, Exchange Rate At 4.4576
Romania’s leu edged higher against the euro by midday Friday and the central bank’s reference strengthened modestly to 4.4576 units, from 4.4595 units a day earlier.
Leu Stable Vs Euro In Quiet Market
The Romanian leu was mostly stable versus the euro in early trade Friday, in a quiet market, while the other currencies in the region were slightly falling.
Bucharest Stocks Up In Early Trade, Low Interest Persists
The Bucharest stock exchange was slightly up in early trade Friday, but the interest remains reduced as seen in the trading figures.
How The Largest Mutual Fund In Romania Was Created
The creation of the largest mutual fund in Romania started in Brussels, at the European Commission to be precise, which decided to change the rules for the operation of money-market funds to...
Bucharest Shares Close Slightly Up, Fondul Proprietatea Still In The Spotlight
The Bucharest stock exchange closed slightly up Thursday, unlike European markets, and the overall traded value remained low.
Leu Ends Flat Vs Euro For Third Straight Day
Romania’s leu closed flat versus the euro for the third consecutive day Thursday, amid low volumes and unfazed by a negative sentiment in international markets after disappointing US job dat...
Romania Sells RON466M 2-Year Bonds At 5.82% Average Yield
Romania’s Finance Ministry on Thursday sold 465.8 million lei (EUR104.5 million) in two-year bonds, below the planned amount, as the average yield rose to 5.82% a year.