Capital Market
Stocks Generate Higher Quarterly Profit Than Three Years' Worth Of Banking Interest
The Bucharest Stock Exchange grew by almost 24% in the first quarter, if looking at its main index, BET, due to improvement in companies’ performance and a rebound in international markets.
SIF Oltenia Bought 2.5% In Transelectrica
Regional investment fund SIF Oltenia (SIF5.RO) bought a 2.53% stake in state-owned power grid operator Transelectrica (TEL.RO), for 27.6 million lei (EUR6.3 million), during the secondary pu...
Leu Ends Weaker, As Players Still Favor Euro
The Romanian leu closed Friday a bit weaker against the euro, in a market where players bought more hard currency and the central bank intervened indirectly to curb the local currency’s weak...
Bucharest Stocks Close Up, Proprietatea Drives Trades
The Bucharest bourse closed Friday on the rise, on higher traded values, with most of the turnover coming from deal and main market trades in investment fund Fondul Proprietatea (FP.RO).
Leu Exchange Rate At 4.3791 Vs Euro, Just Shy Of All-Time Low
The Romanian leu traded around 4.38 versus the euro in the first part of Friday's session, but the central bank's reference rate was barely moved at 4.3791 units, from 4.3788 units in the pr...
CNVM Mulls Rasdaq Exodus To Bucharest Bourse's ATS
All companies listed on the Rasdaq market of the Bucharest Stock Exchange will be moved to the alternative trading system (ATS), and the bourse operator will then compile a list of firms eli...
Bucharest Stocks Open Up, Trading Revives
The Bucharest bourse opened Friday with an increase, on higher traded volumes, while investors were looking at Fondul Proprietatea (FP.RO) and the five regional investment funds, or SIFs.
Leu Opens Weaker Vs Euro, Dealers Suspect Central Bank Intervention
The Romanian leu opened Friday at 4.384/4.386 against the euro, but it soon returned below 4.38, as two Romanian banks placed several euro sale orders and dealers suspect an indirect interve...
PDL Turns Former PM Boc's Chief Of Staff Into Supervisor Of EUR30B Market
Political appointments put inexperienced people in positions that entail regulation and supervision of markets worth tens of billions of euros. This week, Parliament validated new members to...