Capital Market
Swiss Capital Remains Top Broker In Bucharest In February
Swiss Capital continued to lead the Bucharest bourse’s brokers chart in February, with total deals worth 336.2 million lei (EUR77.3 million), stock exchange data showed Wednesday.
Chimpex 2011 Net Profit Up 4.8% To RON7.7M
Romanian port operator Chimpex Constanta (CHEM.RO) Wednesday said its net profit rose 4.8% to 7.73 million lei (EUR1.7 million) in 2011, from RON7.37 million a year earlier.
Leu Ends Flat Vs Euro On Low Volumes
Romanian leu traded slightly below 4.35 per euro in late trade Wednesday and closed flat on the day at 4.348/4.349 units, amid low volumes.
MFP: Reopening Of Dollar Bond Draws Strong Demand From Investment Funds
Romania’s 10-year, $750 million bond issue reopened on the US market Tuesday drew strong demand from investment funds, which bought 61% of the total debt, Finance Minister Bogdan Alexandru D...
Bucharest Stocks Close Up, Trading Picks Up
The Bucharest bourse closed Wednesday with an increase, on higher traded values, while the bulk of investment focused on the main investment funds.
Leu In Ranges Vs Euro, Exchange Rate At 4.3486
Romania’s leu moved in a narrow range against the euro by midday Wednesday and the central bank’s reference weakened marginally to 4.3486 units, from 4.348 units a day earlier.
Romania Plans To Sell RON5B Treasuries In March
Romania’s Finance Ministry plans to sell state paper worth 5 billion lei (EUR1.15 billion) in March, down from RON8.3 billion sold a month earlier, ministry data showed Wednesday.
Erste Posts EUR719M Loss In 2011, Despite Returning To Profit In 4Q
Austrian lender Erste Group Bank (EBS.RO) Wednesday announced a net profit after minorities worth EUR254.1 million for the fourth quarter of 2011, which cuts the net loss for the year after...
Fondul Proprietatea Calls Shareholders To Discuss Asset Sale
Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for April 4, to hold debates on a proposition to sell assets and distribute the cash to shareholde...