Capital Market
Bucharest Stocks Open Slightly In The Red, SIFs Stay Down
The Bucharest bourse opened Wednesday with an oscillating trend, while trading was focusing on the shares of financial issuers, mainly Fondul Proprietatea (FP.RO) and the SIFs.
Leu Opens Down Vs Euro, Central Bank Allegedly Steps In
The Romanian leu opened Wednesday weaker against the euro, but it soon started to recover, prompting dealers to suspect an intervention from the central bank.
SIF Banat-Crisana Sells Last Shares In BCR
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Wednesday said that it has sold the last shares it held in lender BCR to Austrian Erste Group Bank (EBS.RO), and now it stands t...
Investors Put EUR100M In Mutual Funds In First Quarter
The local market of mutual funds ended the first quarter of the year with 8,562 billion lei (EUR1.96 billion), 4% more than at the beginning of year mainly because of the new money raised fr...
Bucharest Stocks Close Down, Attention On SIFs
The Bucharest bourse closed Tuesday with a decline, on slight improved activity, with investors focusing on the main investment funds.
Leu Dips Vs Euro, Attuned To Region
Romania’s leu weakened against the euro Tuesday, tracking the currencies in the region, and closed at 4.371/4.372 units, from 4.368/4.3685 units a day earlier.
Romanian Open-End Fund Assets Up 3% To RON7.4B In March
The combined net assets of Romanian open-end investment funds rose by around 3% to 7.39 billion lei (EUR1.69 billion) in March, from RON7.17 billion a month earlier, the Romanian Association...
Leu Loses Early Gains Vs Euro, Exchange Rate At 4.3696
Romania’s leu lost its earlier gains versus the euro by midday Tuesday and the central bank’s reference weakened slightly to 4.3696 units, from 4.3683 units in the previous day.
PCC Wants Updated Assessment Of Oltchim’s Debt To Romania
German PCC SE, a large shareholder in Romanian chemical company Oltchim (OLT.RO), has requested an updated assessment of the company’s public debt to the state privatization authority AVAS,...