Capital Market
Bucharest Stocks Close Up, SIFs Rise 3%
The Bucharest bourse closed up Monday with an increase, on low traded volumes, with the bulk of activity focusing on the financial stocks.
Leu Ends Higher Vs Euro, Attuned To Region
Romania’s leu strengthened against the euro Monday, tracking the currencies in the region, and closed 0.2% higher on the day at 4.364/4.365 units.
Sibex Swings To RON0.6M Loss In 2011
Romania's monetary exchange Sibex on Monday reported a loss of some 600,000 lei (EUR) for 2011, after seven consecutive years of profit.
Romania Sells RON300M 6-Month Bills; Yield Falls To Record 5.06%
Romania’s Finance Ministry on Monday sold a planned 300 million lei (EUR68.6 million) in six-month treasury bills, at an average yield of 5.06% a year, the lowest level on record.
Leu Up Vs Euro, Exchange Rate At 4.3691
Romania’s leu edged higher against the euro by midday Monday and the central bank’s reference strengthened for the fifth consecutive day to 4.3691 units, from 4.3712 units in the previous se...
SIF Transilvania Sees Profit Falling To RON89M In 2012
Romanian regional investment fund SIF Transilvania (SIF3.RO) estimates its net profit will fall to 89 million lei (EUR20.3 million) in 2012, from a record RON207.7 million a year earlier, ac...
Transgaz Revises Financial Results For 2011. Profit Down 3% From Preliminary Figure
Romanian state-owned gas transporter Transgaz (TGN.RO) on Monday announced its net profit stood at 379.5 million lei (EUR89.5 million) in 2011, down 3.2% from RON392 million it estimated bac...
Alro Proposes 40% Higher Dividend For 2011
The managing board of Romanian aluminum maker Alro Slatina (ALR.RO) proposes the payment of dividend worth 225.8 million lei (EUR51.6 million), nearly the entire profit achieved last year.
Leu Opens Stronger Vs Euro, Amid Market Apathy
The Romanian leu opened stronger against the euro Monday, within a quiet market with very low traded volumes.