Capital Market
Bucharest Stocks Close Up, On Little Activity
The Bucharest bourse closed Friday with a slight increase, on very low traded values, as investors are preparing for the Orthodox Easter holiday.
Leu Dips Vs Euro On Negative Sentiment
Romania’s leu edged lower against the euro in late trade Friday, tracking the currencies in the region, and closed slightly weaker on the day at 4.375/4.376 to the euro.
Leu Steady Vs Euro, Exchange Rate At 4.3733
Romania’s leu was stable against the euro by midday Friday and the central bank’s reference gained modestly to 4.3733 units, from 4.3741 units a day earlier.
Bucharest Stocks Open Undecided, Activity Lags
The Bucharest bourse opened Friday with an oscillating trend, on low traded values, as Romania prepares for the Orthodox Easter.
Leu Opens Flat Vs Euro, In Quiet Market
The Romanian leu opened flat against the euro Friday and saw some minor oscillation, as the market stayed quiet and low volumes were traded.
Fondul Proprietatea Pressures Companies For Higher Dividends
Fondul Proprietatea could collect more than 600 million lei (EUR137 million) in dividends from the companies in its portfolio, considering it asked chemical fertilizer maker Azomures Targu M...
Proprietatea Fund Profit Switches To RON1.5M Loss In 1Q
Romanian investment fund Fondul Proprietatea Thursday said it has switched to a loss of 1.5 million lei (EUR0.34 million) in the first quarter, from a net profit of RON14 million in the year...
Cemacon Seeks Advisor For Negotiations With BCR
Romanian brick maker Cemacon (CEON.RO) could pay over EUR300,000 to a financial adviser in negotiations aimed at reducing the debt owed to lender BCR by some EUR10 million.
Bucharest Stocks Close Up, BRD In Focus
The Bucharest bourse closed Thursday with a moderate increase, on improved traded values, with almost half of turnover coming from transactions in lender BRD-Groupe Societe Generale (BRD.RO)...