Capital Market
Bucharest Stocks Open Undecided, On Low Trading
The Bucharest bourse opened Thursday undecided, on moderate traded values, while investors were focusing on financials and Oltchim (OLT.RO).
Leu Opens Weaker Vs Euro, In Apathetic Market
The leu opened Thursday weaker against the euro, on low traded volumes, as euro purchase orders placed by banks maintained the leu on a weakening pattern.
Erste Forecasts A 17% Increase Of BET In 2012
Erste Group analysts expect the main index of the Bucharest stock exchange to rise 17% this year, the third-best performance in the region after the Istanbul and Prague bourses, as investor...
OMV Petrom Replaces Supervisory Board Member
Romanian oil company OMV Petrom (SNP.RO) on Wednesday announced the appointment of Gerald Kappes as interim member of the Supervisory Board, replacing Werner Auli who resigned citing health...
Leu Ends Flat Vs Euro On Average Traded Volumes
The Romanian leu closed flat against the euro Wednesday, on moderate traded volumes, while other currencies in the region were losing ground.
Bucharest Stocks Close Flat, SIFs Rise
The Bucharest bourse closed Wednesday roughly flat on the day, on moderate traded values, while investors focused on the main investment funds.
Will The Bucharest Bourse Rebound In 2012? Brokers Recommend Defensive Stocks
The stock exchange started the year on Wednesday and investors hope to leave behind the unpleasant memory of the 2011 losses as soon as possible. But brokers are not very optimistic about th...
Finance Ministry Has More Than EUR12B To Roll Over In 2012
A EUR700 million eurobond, almost EUR800 million worth of bonds issued on the domestic market, as well as the first larger installment on the giant loan from the International Monetary Fund...
Leu Slides Vs Euro, Exchange Rate At 4.3219
The Romanian leu traded above 4.32 per euro in the first part of Wednesday session, in the first trading day of 2012, and the central bank announced an indicative rate of 4.3219 units, sligh...