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Capital Market

Bucharest Stocks Open Lower On Negative International Sentiment

Bucharest shares opened lower Friday morning, reversing yesterday’s gains amid a negative sentiment in international markets.

Florentina Dragu · 18.05.2012 · 10:58 · 1 min
Leu Down Vs Euro In Early Trade
Capital Market

Leu Down Vs Euro In Early Trade

Romania’s leu retreated against the euro in early action Friday, tracking the currencies in the region, amid low volumes.

Florentina Dragu · 18.05.2012 · 10:35 · 1 min
Capital Market

Bucharest Stocks Stay Afloat, After Six Consecutive Days In The Red

The Bucharest stock exchange managed to end in positive territory Thursday, after falling for six days in a row, but the traded values were reduced, as investors are not convinced the bad ne...

Bogdan Neagu · 17.05.2012 · 17:22 · 1 min
Capital Market

Leu Dips Vs Euro On Low Volumes

Romania’s leu weakened slightly against the euro amid low volumes Thursday and closed at 4.444/4.446 units, from 4.4385/4.44 units a day earlier.

Florentina Dragu · 17.05.2012 · 17:11 · 1 min
Banks-Insurance

Romania Sells RON699M 5-Year Bonds At 6.15% Average Yield

Romania’s Finance Ministry on Thursday sold 698.5 million lei (EUR157 million) in five years bonds, slightly above the planned amount, at an average yield of 6.15% a year.

Florentina Dragu · 17.05.2012 · 15:38 · 1 min
Nuclearelectrica Cancels Auction To Select Broker For Upcoming IPO
Capital Market

Nuclearelectrica Cancels Auction To Select Broker For Upcoming IPO

Romanian state-owned energy producer Nuclearelectrica Thursday cancelled an auction to select a broker for its planned 10% initial public offering on the Bucharest Stock Exchange, saying the...

Florentina Dragu · 17.05.2012 · 13:37 · 1 min
Leu Exchange Rate Firms Slightly To 4.4435 Vs Euro
Capital Market

Leu Exchange Rate Firms Slightly To 4.4435 Vs Euro

Romania’s leu lost its earlier gains versus the euro by midday Thursday, but the central bank’s reference strengthened modestly to 4.4435 units, from a record low of 4.4463 units a day earli...

Florentina Dragu · 17.05.2012 · 13:34 · 1 min
ING: Romanian Leu To Trade At 4.5 Vs Euro In 2H
Banks-Insurance

ING: Romanian Leu To Trade At 4.5 Vs Euro In 2H

Romania’s leu will likely weaken to 4.5 against the euro in the second half of the year, according to estimations from ING Bank, which sees the national currency trading around that level in...

Florentina Dragu · 17.05.2012 · 12:55 · 1 min
Capital Market

Bucharest Stocks Up In Early Trade, SIFs Recover

The Bucharest-listed shares inched up in first minutes of Thursday's trading session, and the regional investment funds (SIFs) recovered after the heavy selloff a day before

Bogdan Neagu · 17.05.2012 · 10:54 · 1 min