Capital Market
Bucharest Stocks Open Slightly Up, Traded Values Stay Low
The Bucharest stock exchange opened slightly up Wednesday, as the European markets edged higher, but the traded values remained extremely low.
Leu Stable Vs Euro In Early Quiet Trade
The Romanian leu was stable against the euro in early trade Wednesday, staying above 4.46 units in a quiet market, dealers said.
Carpatica Shares Recover From Shock Of Carabulea’s Conviction
The sentencing of Ilie Carabulea, Banca Carpatica (BCC.RO)’s largest shareholder, to 18 months in prison for bribery came as a shock to the market. The bank’s shares have somewhat recovered...
Bucharest Stocks Close Slightly Lower On Falling Volumes
Bucharest shares closed lower amid declining volumes Tuesday, with investment fund Fondul Proprietatea (FP.RO) and lender BRD-Societe Generale (BRD.RO) being the most active issuers on the l...
Leu Closes Flat Vs Euro Amid Growing Volumes
Romania’s leu retreated against the euro in late trade Tuesday and closed flat on the day at 4.462/4.464 units, amid rising volumes.
Listing Romgaz On Foreign Market Possible, Says Broker
Romanian natural gas producer Romgaz could be floated simultaneously in Bucharest and on a foreign exchange, but such a decision requires serious consideration, one of the brokers running th...
Leu Rises Vs Euro, Exchange Rate At 4.4587 Units
The Romanian leu rose against the euro in mid-trade Tuesday, on a suspected central bank intervention, and the official exchange rate was set at 4.4587 units, slightly stronger on the day.
S&P Places Romania's Transgaz 'BB+' Rating On Watch Negative
Standard & Poor's Ratings Services placed its 'BB+' long-term foreign and local currency corporate credit ratings on Romanian natural gas transmission system operator Transgaz Medias (TGN.RO...
Bucharest Stocks Open Down On Lackluster Trading
The Bucharest stock market opened down Tuesday, in a session dominated by lack of interest, with only two deals with SIF Muntenia (SIF4.RO) closed outside the main market lifting the trading...