Capital Market
Leu Closes Slightly Above 4.35 Vs Euro In Quiet Market
The Romanian leu closed a touch above 4.35 against the euro after a calm session Monday, amid very low volumes.
SIF Oltenia Proposes RON0.13/Share Dividend For 2011
Romanian regional investment find SIF Oltenia (SIF5.RO) Monday proposed paying out a gross dividend of 0.13 lei (EUR0.029) a share from the 2011 profit, 73% higher on the year.
Romania Sells RON1.57B 2-Year Bonds At 6% Average Yield
Romania’s Finance Ministry on Monday sold 1.57 million lei (EUR360 million) in two-year bonds, above the planned amount, at an average yield of 5.99% a year, lower than at the previous aucti...
Leu In Ranges Vs Euro, Exchange Rate At 4.3514
Romania’s leu traded near 4.3 per euro by midday Monday and the central bank’s reference weakened slightly to 4.3514 units, from 4.3493 units in the previous session.
Bucharest Stocks Open Down, SIF Transilvania Rules Early Trading
The Bucharest bourse opened down Monday, but SIF Transilvania (SIF3.RO) dominated the first hour of the session with its shares up 4.7%, after the investment fund announced a record dividend...
Leu Stable Vs Euro In Early Trade, Peers Weaken
The Romanian leu opened Monday a bit stronger against the euro, in a quiet market, while other currencies in the region were weakening on fears of the eurozone debt crisis.
Bourse Head: Foreign Funds Have The Ability To Buy Transelectrica's Entire Offering
After returning to Romania for just a few days from the European roadshow to promote Transelectrica’s (TEL.RO) offering, Lucian Anghel, chairman of the Bucharest Stock Exchange (BVB.RO), tel...
SIF Transilvania Proposes RON0.17 Dividend For ‘11
Management at regional investment fund SIF Transilvania (SIF3.RO) proposes a gross dividend of 0.1712 lei (EUR0.039) per share from 2011 profits, compared to RON0.03 the RON0.03 dividend pai...
Bucharest Stocks Close Up, Proprietatea Drives Trades
The Bucharest bourse closed up Friday, with nearly half of the turnover coming from trades in investment fund Fondul Proprietatea (FP.RO).