Capital Market
Leu Hits The Brakes Vs Euro Amid Reports Of Eurozone Rating Cuts
Romania’s leu traded north of 4.33 per euro in late session Friday, amid a negative sentiment in the region following media reports that Standard & Poor's is set to cut its ratings on severa...
Bucharest Stocks Close Slightly Up, Eyes On Financials
The Bucharest bourse closed slightly up Friday, on higher traded values, with investors focusing mostly on financial stocks.
Leu Widens Gains Vs Euro, Exchange Rate At 4.3322
Romania’s leu extended early gains versus the euro by midday Friday and the central bank’s reference strengthened roughly 0.3% to 4.3322 units, from 4.3446 units a day earlier.
Leu Opens Stronger, As Banks Sell Euro
The Romanian leu continued to strengthen in early session Friday, as local banks are selling euros, dealers said.
Bucharest Stocks Open Up, SIFs Push Higher
The Bucharest bourse opened up Friday, on revigorated traded values, with investors eyeing especially the financial stocks.
Government Is Committed To List EUR10B Companies By Yearend, But Will It Deliver?
The Government is bound by law to list stakes of at least 5% in 19 companies controlled by the state by the end of the year, which are included in the portfolio of Fondul Proprietatea (FP.RO...
Factors To Watch On Stock Investments: Dividends Can Double Yield, Inflation Can Wipe It Out
In the long term, dividends granted by companies and the erosion in the money value through inflation have as much influence on the real yield of stock exchange investments as their market p...
Leu Firms Vs Euro, Attuned To Region
Romania’s leu strengthened against the euro amid a quiet session Thursday, tracking the currencies in the region, and closed 0.4% higher on the day at 4.345/4.346 units.
Bucharest Stocks Close Roughly Flat, SIFs Continue Upward Trend
The Bucharest bourse closed Thursday roughly flat on the day, on improved trading values, with the regional investment funds (SIFs) extending gains in previous sessions.