Capital Market
Leu Opens Flat Vs Euro, In Quiet Trading
The leu opened flat against the euro Thursday, in a quiet market where players showed little interest in trading..
Bucharest Stocks Open Down, Trading Picks Up
The Bucharest bourse opened Thursday with a decline, on slightly higher traded values, while investors were mainly focusing on investment fund Fondul Proprietatea (FP.RO) and state-owned gas...
Bucharest Bourse Proposes Triple 2011 Dividend
The Bucharest Stock Exchange (BVB.RO) Wednesday proposed paying out a gross dividend of 2.1417 lei (EUR0.4894) a share from the 2011 profits, triple on the year.
Swiss Ameropa Completes Takeover Of Azomures
Swiss grain trader Ameropa Holding AG, through its Pelican Fertilizer units, has completed the acquisition of Romanian fertilizer producer Azomures (AZO.RO).
Bucharest Stocks Close Up, SIFs Drop
The Bucharest bourse closed up Wednesday, with investors mainly eyeing financial stocks, but the five regional investment funds (SIFs) fell almost 0.6%.
Leu Ends Higher Vs Euro, Unlike Neighbors
Romania’s leu edged higher against the euro in late trade Wednesday and market participants suspect the central bank has stepped in to support the national currency, which has weakened over...
Raiffeisen Romania CEO Eyes Proprietatea Board Seat
Elections for a seat on the Board of Representatives at investment fund Fondul Proprietatea (FP.RO) have drawn seven candidacies so far, including that of Steven van Groningen, chief executi...
Leu Stable Vs Euro, Exchange Rate At 4.3754
Romania’s leu was rather stable against the euro by midday Wednesday and the central bank’s reference gained modestly to 4.3754 units, from 4.378 units a day earlier.
Bucharest Stocks Open Up, Market Stays Inert
The Bucharest bourse opened Wednesday with a modest increase, on very reduced activity, as investors remain passive.