Capital Market
Leu Ends Flat Vs Euro For Third Day In A Row
The Romanian leu closed flat against the euro Monday, for the third consecutive session, on a balanced market without any significant shifts.
Romania Sells RON2.5B 2-Year Bonds At 6.36% Average Yield
Romania’s Finance Ministry on Monday sold two-year bonds worth 2.54 billion lei (EUR342 million), more than triple the planned amount, as yields fell by 0.5 percentage points from the previo...
Bucharest Stocks Close Up, In Quiet Market
The Bucharest bourse closed up 1% Monday, with financial stocks gaining most attention in a quiet session, influenced by developments on foreign markets.
Retrasib Plans To Buy Back 10% Of Its Own Shares
Management at Romanian transformer maker Retrasib Sibiu (RTRA.RO) approached shareholders with a proposition to buy back at most 10% of the company’s shares, in an operation that could cost...
Leu Stays In Tight Ranges, Exchange Rate At 4.3535 Vs Euro
The Romanian leu traded in narrow ranges against the euro in the first part of Monday's session, and the central bank's reference rate was virtually unchanged at 4.3535 units, from 4.3533 un...
Bucharest Bourse Opens Up, Financial Stocks Higher
The Bucharest bourse opened up Monday, on low traded values, with most of interest focusing on the shares of investment funds or banks.
Leu Opens Flat Vs Euro, On Low Volumes
The Romanian leu opened roughly flat against the euro Monday, on low traded volumes, as players showed little interest in the local currency.
Mechel Targoviste To Resume Activity On Feb 27
Russian group Mechel on Monday announced that activity at steel processor Mechel Targoviste (COS.RO) might be resumed on February 27, since the weather conditions are improving.
Two Thirds Of Listed Companies Posted Turnover Growth In 2011
The cumulated turnover of the 71 companies listed in Bucharest that have so far reported preliminary results for 2011 rose by 17.6% on the year in 2011 and their cumulated net profit climbed...