Capital Market
Leu Ends Flat Vs Euro In Thin Pre-Xmas Trading
Romania’s leu lost earlier gains versus the euro in late trade Friday and closed flat on the day at 4.2945/4.296 units, amid low volumes.
Transgaz Requested Budget Correction As It Expects 53% Higher Profit
Romanian gas transporter Transgaz (TGN.RO) on Friday said it has requested a correction of its financial indicators because it expects pretax profit to be 53% higher.
Minor Stake In Proprietatea Fund Sold On Bucharest Bourse For RON27M
A 0.46% stake in investment fund Fondul Proprietatea (FP.RO) was sold Friday on the Bucharest bourse's deal market for 27.1 million lei (EUR6.3 million).
Leu Exchange Rate Hits 3-Month High Of 4.2912 Vs Euro
Romania’s leu continued its rally against the euro by midday Friday and the central bank’s reference strengthened for the sixth day in a row to 4.2912 units, the highest rate in three months...
Franklin Templeton Says Court Decision Without Material Effect On Proprietatea Fund
A Bucharest Court’s ruling to cancel several decisions taken by the shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), including the appointment of Franklin Templeton as s...
Bucharest Stocks Open Up, On Low Trading
The Bucharest bourse opened Friday with an upward trend, but traded volumes were low, as Christmas nears.
Leu Opens Stronger Vs Euro, In Pre-Holiday Trading
The leu opened Friday with a strengthening tendency towards the euro, on very low traded volumes, in pre-holiday trading marked by low volumes.
Top 10 Events On The Stock Exchange In 2011
One step forward, one step back. This is as good of a summation as any when it comes to the evolution of the Bucharest Stock Exchange in 2011. The market witnessed quite a few big events thr...
ArcelorMittal To Hike Share Capital Of 2 Romanian Subsidiaries
ArcelorMittal Tubular Products Holding, the tubular products arm of the world’s largest steelmaker ArcelorMittal, will invest 370 million lei (EUR86 million) in the capital stock of its Roma...