Capital Market
Romania Sells RON2.38B 1-Year T-Bills At 6.23% Average Yield
Romania’s Finance Ministry on Monday sold 2.38 billion lei (EUR546 million) in one-year treasury bills, almost double the planned amount, at an average yield of 6.23% a year, lower than at t...
Leu Exchange Rate Hits 5-Week Low Of 4.3532 Vs Euro
Romania’s leu traded in ranges against the euro by midday Monday, but the central bank’s reference lost 0.2% to 4.3532 units, the weakest rate in five weeks.
Bucharest Stocks Mostly Higher In Early Trade
Bucharest-listed shares were mostly higher Monday morning, with the composite index BET-C gaining a modest 0.13% on the day amid scarce trading.
Leu Opens Up Vs Euro In Quiet Market
Romania’s leu opened slightly higher against the euro Monday morning, tracking regional markets, and traded in narrow ranges in the first part of the session, amid a quiet market.
Finance Ministry Has 0.02% Distributable Stake In Fondul Proprietatea
The Finance Ministry transferred a total 1.48% in investment fun Fondul Proprietatea (FP.RO) in December, which leaves it with a 0.02% stake to be granted as compensation.
Transelectrica Expects Pretax Profit To Double At RON51.7M In 2012
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said it expects revenue of 2.62 billion lei (EUR603.9 million), down 6% on the year, but pretax profit is expected...
Transgaz To Contribute EUR10.2M To Nabucco Project Company
Romanian state-owned gas transporter Transgaz (TGN.RO) will contribute EUR10.2 million, in the first half of the year, to the consolidated budget of the project company developing the Nabucc...
Leu Ends Down Vs Euro, On Low Volumes
The Romanian leu closed slightly down against the euro Friday, on low traded volumes, while dealers suspecting corporate euro purchases aimed at repatriating profit.
Bucharest Stocks Close Up, In Quiet Market
The Bucharest bourse closed Friday with a minor increase, on low traded volumes, with investors focusing on the main investment funds.