Capital Market
Leu Ends Slightly Higher Vs Euro, Unlike Neighbors
Romania’s leu edged higher against the euro Friday, unfazed by the negative sentiment in the region following worrisome eurozone employment data and disappointing manufacturing figures in Eu...
UniCredit Tiriac Bank Absorbs UniCredit CAIB Securities Division
Romania’s UniCredit Tiriac Bank will integrate the operations of its brokerage arm UniCredit CAIB Securities in a move to optimize the use of its local resources, the lender said in a statem...
Leu Exchange Rate At 4.4648 Vs Euro, Falls Again Vs US Dollar
Romanian leu’s exchange rate strengthened slightly to 4.4648 units against the euro Friday, but dropped for the third straight session versus the US dollar and hit a new all-time low of 3.62...
Bucharest Stocks Open Lower Amid Scarce Volumes
Bucharest shares opened down Friday morning, while a reduced appetite from investors kept volumes low in early trade.
Leu Opens Down Vs Euro On Negative Sentiment
Romania’s leu opened lower against the euro Friday, amid a negative sentiment in the region, but recovered slightly in early action on suspected intervention from the central bank.
Cheapest Stocks On The Bucharest Stock Exchange By P/E Ratio
About 30% of the companies listed on the Bucharest Stock Exchange are trading at a price-to-earnings (P/E) ratio of less than 10, while the P/E of 30% of them is negative, because of the los...
Politicians Replaced Transelectrica CEO Five Times In Three And A Half Years
All the politicians in office at the Economy Ministry over the last four years have felt they had to appoint new chief executives at Transelectrica (TEL.RO), the company that operates the na...
Swiss Capital Reinforces Top Broker Position In Bucharest In May
Swiss Capital continued to lead the Bucharest bourse’s brokers chart in May, with total deals worth 538.5 million lei (EUR120.6 million), stock exchange data showed Wednesday.
Bucharest Stocks Close Down 1% In Tedious Trading
The Bucharest stock exchange closed down Thursday amid lingering European worries, and the traded value remained reduced, with Fondul Proprietatea (FP.RO) covering almost half of the turnove...