Capital Market
Bucharest Stocks Close Down, Trading Stays Low
The Bucharest bourse closed Thursday with a decline, on very low traded values, with the bulk of activity focusing on the financial stocks, as usual.
Leu Closes Up Vs Euro In Quiet Market
Romania’s leu closed slightly higher against the euro amid low volumes Thursday, after an uneventful session.
Azomures Needs Eco-Investment Worth EUR170M By 2015
Romanian fertilizer maker Azomures (AZO.RO) needs to unfold environment investment worth EUR170 million by the end of 2015, according to the new environment permit received from local author...
Romania Sells RON1.5B 4-Year Bonds At 6.06% Average Yield
Romania’s Finance Ministry on Thursday sold 1.5 billion lei (EUR343 million) in four-year bonds, at an average yield of 6.06% a year, central bank data showed.
Leu In Ranges Vs Euro, Exchange Rate At 4.373
Romania’s leu moved in a tight range against the euro by midday Thursday and the central bank’s reference strengthened to 4.373 units, from 4.3742 units a day earlier.
Bucharest Stocks Open Up, SIFs In Red
The Bucharest bourse opened Thursday with an upward tendency, on very low traded values, with most of the activity focusing on Fondul Proprietatea (FP.RO) and Erste Group Bank (EBS.RO).
Privatization Money Will Be Wasted Unless Spent On Real Projects
Romania risks privatizing companies for nothing if the money goes to wage and pension payments. The government has to come up with real projects for spending the almost EUR240 million to be...
Bucharest Stocks Close Down, Turnover Dives
The Bucharest bourse closed Wednesday in the red, on little to no trading, with the bulk of activity focusing on state-owned power grid operator Transelectrica (TEL.RO), while Fondul Proprie...
Leu Closes Higher Vs Euro, Unlike Neighbors
Romania’s leu strengthened slightly against the euro amid a quiet market Wednesday, contrary to the movement in the region.