Capital Market
Bucharest Stocks Down In Early Trade, Following Foreign Markets
Bucharest-listed shares were trading down in in the first hour of Wednesday session, following the negative evolutions of international markets, but the traded values were extremely low.
Leu Opens Stronger Vs Euro, On Low Volumes
The Romanian leu opened Wednesday on a strengthening trend against the euro, but traded volumes remained low.
Chimcomplex To Build EUR22M Power Unit
Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) will invest up to EUR22 million in a new thermal power unit, the company said in a statement Tuesday.
Leu Weakens Vs Euro, Unlike Neighbors
Romania’s leu edged lower against the euro Tuesday, contrary to the movement in the region, and closed at 4.35/4.352 to the euro amid a quiet market and on slightly raised volumes.
Bucharest Stocks Close Flat, SIFs Jump
The Bucharest bourse closed flat Tuesday, on very low traded values, while the five regional investment funds, or SIFs, rose by more than 3% on average.
Leu Stays In Ranges Vs Euro, Exchange Rate At 4.3497
Romania’s leu moved around 4.35 per euro by midday Tuesday and the central bank’s reference weakened 0.2% to 4.3497 units, from 4.3409 units a day earlier.
Aerostar Bacau Plans To Invest RON21M In 2012
Romanian plane parts maker Aerostar (ARS.RO) on Tuesday said it plans to invest 20.9 million lei (EUR4.8 million) in 2012, up 44% from RON14.5 million, the amount estimated for this year.
Leu Opens Weaker Vs Euro, Recovers Early
The leu opened Tuesday slightly weaker against the euro, on very low traded volumes, but it soon recovered and returned to yesterday's closing levels.
Bucharest Stocks Open Up, On Low Trading
The Bucharest bourse opened Tuesday with a minor increase, on low traded volumes, while investors were mainly focusing on the shares of financials.