Capital Market
Leu Down Vs Euro In Early Trade
Romania’s leu opened lower against the euro Wednesday, tracking the currencies in the region amid speculations that financially-troubled Greece could be pushed out of the eurozone.
OMV Petrom 1Q Net Profit Soars To RON1.38B
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit after minorities rose 65% on the year to a record 1.385 billion lei (EUR381 million) in the first quarter, help...
Head Of Bucharest Stock Exchange: Listing Program Should Continue, To Keep Investor Trust
Romania should continue the privatization and the listing of state-owned companies despite the change in government, to avoid losing foreign investors' trust, say capital market specialists.
Bucharest Stocks End Up, SIF Muntenia Rises 4.3%
The Bucharest-listed shares closed up Tuesday, after a lackluster session, with SIF Muntenia (SIF4.RO) rising 4.3% after the company said it would pay additional dividends.
Leu Dips Vs Euro In Sleepy Session
Romania’s leu retreated modestly against the euro in a quiet session Tuesday and closed at 4.405/4.407 per euro, amid low volumes.
Leu In Ranges Vs Euro, Exchange Rate At 4.4032
Romania’s leu was stable against the euro by midday Tuesday and the central bank’s reference strengthened modestly to 4.4032 units, from 4.4053 units a day earlier.
Bucharest Stocks Edge Higher In Early Trade
Bucharest shares opened slightly higher in a quiet session Tuesday, with regional investment fund SIF Moldova (SIF4.RO) gaining around 6% after it proposed paying its shareholders additional...
SIF Muntenia Proposes Extra RON98.4M Dividend In 2012
Romanian regional investment find SIF Muntenia (SIF4.RO) Tuesday proposed paying out additional dividends of 98.45 million lei (EUR22.34 million) from the fund’s reserves and unpaid older di...
Leu Opens Up Vs Euro, Loses Edge In Early Action
Romania’s leu opened slightly higher against the euro Tuesday, but lost its gains in early action, amid low volumes.