Capital Market
Bucharest Stocks Open Down, Interest Stays Low
The Bucharest stock exchange fell in the first minutes of Wednesday trading, as the European markets took a step back after solid gains the day before, with investors focusing on news about...
Fondul Proprietatea Brings Foreign Money To Stock Exchange, But Fails To Attract Local Investors
Foreign investment funds brought over $500 million to the Romanian stock exchange in investments in Fondul Proprietatea (FP.RO) shares since the fund’s listing in January 2011. However, the...
Stirom 1Q Profit Down 68.3% To RON1.65M
Romanian glass container producer Stirom Bucharest (STIB.RO) reported profit of 1.65 million lei (EUR380,000) in the first quarter of 2012, down 68.3% on the year, and sales of RON38.45 mill...
Glassware Maker Stirom Plans To Raise EUR10M On Stock Exchange
Romanian glass container producer Stirom Bucharest (STIB.RO) hopes to raise around EUR10 million via capital increases and a secondary public offering of stock on the Bucharest Stock Exchang...
Bucharest Stocks Rise 2%, But Traded Values Stay Very Low
The Bucharest stock market rose more than 2% Tuesday, fueled by positive evolutions on international exchanges, but the interest for trading was extremely reduced.
Leu Slides Vs Euro On Negative Sentiment
Romania’s leu widened early losses against the euro in late trade Tuesday, tracking the currencies in the region, and closed around 0.3% weaker on the day at 4.4525/4.454 to the euro.
Leu Down Vs Euro, Exchange Rate At 4.4452
Romania’s leu edged lower against the euro by midday Tuesday and the central bank’s reference weakened 0.1% to 4.4452 units, from 4.4408 units a day earlier.
Bucharest Stocks Open Up 1.5%, In Line With Foreign Markets
The Bucharest stock exchange opened in green and extended gains in the first minutes of the session, fueled by a positive sentiment on the international markets, but the traded values stayed...
Leu In Ranges Vs Euro, Traded Volumes Stay Low
The Romanian leu opened slightly higher against the euro Tuesday, but erased early gains later, while the transferred volumes remained low.