Capital Market
Stock Market's 2011 Performance Disappointed Investors
The performance of the capital market disappointed investors who bought shares early this year expecting a rebound of the Romanian economy and an increase in the interest for the local marke...
Bucharest Stocks Close Up, Trading Picks Up
The Bucharest bourse closed Wednesday with an increase, on improved traded values, while investors kept focusing on financials
Leu Firms Vs Euro In Quiet Market
Romania’s leu strengthened against the euro Wednesday and closed 0.15% higher on the day at 4.3055/4.306 units, amid declining volumes.
Mutual Fund Review Of 2011: Good Performance In Troubled Economy
The mutual fund administrators are preparing to end the year with 1 billion lei (about EUR230 million) in new funds and with over 11,500 new investors, a performance achieved during extremel...
Leu Widens Gains Vs Euro, Exchange Rate At 4.3045
Romania’s leu extended early gains versus the euro by midday Wednesday and the central bank’s reference strengthened roughly 0.2% to 4.3045 units, the highest rate since end-September.
JPMorgan: Romanian Leu To Gain 3% Vs Euro In Coming Days
Romania’s leu is bound to strengthened by 3% against the euro over the next few weeks as local lenders prepare to transition to international accounting standards and will be exchanging euro...
Teraplast Sells Ceramic Tile Business For EUR1M
Romanian construction materials maker Teraplast (TRP.RO) Wednesday said it has sold its ceramic tile business to Teracota Bistrita, for EUR1 million.
Leu Opens Stronger Vs Euro, In Quiet Market
The leu opened Wednesday with a strengthening trend against the euro, on low traded volumes, while activity was reduced in the market.
Bucharest Stocks Open Up, In Quiet Trading
The Bucharest bourse opened Wednesday with a slight increase, on low traded volumes, while investors were focusing mainly on the shares of financials.