Capital Market
Leu Opens Stronger Vs Euro, On Low Volumes
The leu opened Friday with a slight increase against the euro, on low traded volumes, while foreign player activity was close to zero.
Top Equity Fund General Manager: We’ll Support A Change Of SIF Management
Adrian Tanase, general manger of ING Investment Management, the manager of the largest equity fund, which invested EUR50 million on the stock market, believes that improvement of corporate g...
NEPI Buys Office Park City Business Centre In Timisoara
Real estate investment fund New Europe Property Investments (NEP.RO) Thursday said it has paid EUR16.55 million for the shares in a 40,000 plus square meters office park in Romanian western...
Bucharest Stocks End Almost Flat, SIFs Rise
The Bucharest bourse's main indexes ended Friday close to previous day's levels, with the energy stocks underperforming, while the main investment funds continued their recent advance.
Raiffeisen Ups Romania Transgaz Target Price To RON265/Share
Raiffeisen Capital&Investment Thursday raised by 12% to 265 lei (EUR55.9) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), whil...
Leu Closes Flat Vs Euro In Quiet Market
Romania’s leu moved in narrow ranges against the euro amid a quiet market Thursday and closed flat on the day, unfazed by the central bank’s decision to lower the key monetary rate to a new...
Leu Dips Vs Euro, Exchange Rate At 4.347
Romania’s leu edged lower against the euro by midday Thursday and the central bank’s reference weakened slightly to 4.347 units, from 4.3447 units a day earlier.
BNR Pushes For Lower Interests. Key Rate Drops To 5.5%
Romania’s central bank Thursday cut its key monetary policy rate by 25 basis points for the third consecutive time to a record low of 5.5% a year, in line with analysts’ expectations, as inf...
Bucharest Stocks Open Up, SIF Transilvania Deals Lift Traded Value
The Bucharest stock exchange opened up Thursday, fueled by a positive sentiment on the foreign markets, and the traded values improved, also helped by a special deal with SIF Transilvania (S...