Capital Market
Bucharest Stocks Open Up, SIFs In Focus
The Bucharest bourse opened up Wednesday, on improved trading volumes, while investors were focusing mainly on financial stocks.
Leu Opens Flat Against Euro, In Quiet Market
The Romanian leu opened Wednesday roughly flat on the day, in a market with little to no activity.
Fund Managers Place Their Bets: Investment Recommendations For 2012
Mutual fund managers expect 2012 to be a much better year for the Bucharest Stock Exchange than 2011, predicting a moderate growth of 15% for the BET index and of 30% for BET-FI. However, th...
Bankers See Leu At 4.3 Vs Euro At The End Of 2012
The Romanian leu will remain relatively stable this year, fluctuating between 4.25 to the euro and 4.35 to the euro, a slightly narrower interval than last year. However, there is also the r...
Rompetrol CFO Announces Further Cost Cuts Of $100M In 2012
Kazakh-held Rompetrol, the second-largest player in the Romanian oil industry, will continue cost cutting measures this year, considering that since 2007 when the group was bought by KazMuna...
Stock Market In 2011: BET Index Down, Traded Volume Up Because Of Fondul Proprietatea
Bucharest Stock Exchange saw its third year of decline in history in 2011, as the main market index, BET, lost 17.7% of its value compared with the end of 2010. It had previously gone down i...
Why Do Romanians Lose Money On The Forex Market?
The forex market is a speculative market like any other, where all traders have a 50%-50% chance of winning or of losing money (what some win others lose), but the vast majority of Romanians...
Leu Closes Weaker Vs Euro, In Volatile Market
The leu closed Friday, the final session of the year, weaker against the euro, amid high volatility and on high traded volumes.
Bucharest Stocks Close Up, Trading Improves
The Bucharest bourse closed the final session of the year with an upward trend, on improved low traded values, while investors focused mainly on the shares of financials.