Capital Market
Unirea Shopping Center 1Q Profit Falls 73% To RON809,000
Romania’s Unirea Shopping Center (SCDM.RO) ended the first quarter of 2012 with sales of 20.46 million lei (EUR4.7 million), up 11.8% on the year, and profit of RON809,000, down 73.7%.
Bucharest Bourse Closes Up, Eyes On Financial Stocks
The Bucharest stock exchange gained more than 1% Wednesday, in line with the foreign markets, with the financial sector attracting almost all interest.
Leu Ends Slightly Higher Vs Euro In Quiet Market
Romania’s leu traded near 4.46 per euro in late session Wednesday and closed slightly stronger on the day, amid a quiet market.
Georgescu: No Way The Leu Will Trade At 5 Units Vs Euro In 2012
Romanian Finance Minister Florin Georgescu Wednesday said the national currency will “in no way” fall to 5 units against the euro in 2012, despite its recent depreciation.
Leu Reverses Gains Vs Euro, Exchange Rate At 4.4642
Romania’s leu lost its early edge against the euro by midday Wednesday, but the central bank’s reference strengthened modestly to 4.4642 units, from 4.4646 units in the previous day.
Bucharest Stocks Open Higher On Positive Sentiment
Bucharest shares opened slightly higher Wednesday amid a positive sentiment in the region, recovering part of yesterday’s losses.
Leu Firms Vs Euro In Early Trade
Romania’s leu edged higher against the euro in early action Wednesday, mirroring the currencies in the region amid hopes that the European leaders will agree to new measures to stimulate the...
Bucharest Bourse Ends Down, Energy Stocks Buck Trend
The Bucharest stock exchange closed on a downward trend Tuesday, unlike most European markets, but the energy sector index BET-NG rose 1.5% on good performances of Transgaz (TGN.RO) and Romp...
Leu Ends Flat Vs Euro In Sleepy Session
Romania’s leu traded near 4.46 per euro in late session Tuesday and closed roughly flat on the day, amid a quiet market.