Capital Market
Leu Stable Vs Euro In Early Trade
Romania’s leu traded below 4.36 versus the euro in early action Friday, amid low volumes and little investor interest.
Bucharest Stocks Mostly Higher In Early Trade
Bucharest shares were mostly higher Friday morning, tracking European markets, but the five regional investment funds (SIFs) inched down on the day.
Bucharest Stocks Close Up, Breaking Three-Day Losing Streak
The Bucharest bourse broke a three-day losing streak Thursday, as the financial stocks returned to gains, following the international markets that were rising on renewed hopes for the closin...
Leu Gains Modestly Vs Euro In Quiet Market
Romania’s leu closed slightly higher against the euro after a calm session Thursday, lagging behind its peers in the region which gained more substantially amid hopes that Greece can strike...
Enel Not Keen To Buy Shares In Fondul Proprietatea Purge
Italian utilities group Enel is not interested in buying the shares owned by investment fund Fondul Proprietatea (FP.RO) in Enel's Romanian subsidiaries, the group’s chief executive officer...
Leu Slightly Up Vs Euro, Exchange Rate At 4.3553
Romania’s leu edged higher versus the euro by midday Thursday and the central bank’s reference gained marginally to 4.3553 units, from 4.3558 units a day earlier.
EU Clears Romanian Oltchim’s Debt-Swap Deal
The European Commission has authorized Romania’s planned debt-to-equity conversion of public debt amounting to around EUR135 million for chemical producer Oltchim SA (OLT.RO), state official...
Bucharest Stocks Move Higher In Early Trade Thursday
Bucharest shares edged higher at the open Thursday, ending a three-day losing streak prompted by higher aversion to risk from investors.
Leu Steady Vs Euro In Early Trade
Romania’s leu moved in a tight range against the euro in early trade Thursday, amid low volumes and a slight optimistic sentiment in the region which pushed the leu’s peers higher on the day...