Capital Market
Erste: Petrom, Albalact To See The Greatest Price Hikes On Bucharest Bourse In 2012
Romanian oil and gas company OMV Petrom (SNP.RO) and dairy maker Albalact (ALBZ.RO) have the greatest potential for growth on the Bucharest bourse over the next 12 months, according to a rep...
Leu Steady Vs Euro, Exchange Rate At 4.353
Romania’s leu traded in narrow ranges against the euro by midday Monday and the central bank’s reference gained modestly to 4.353 units, from 4.3535 units in the previous session.
Bucharest Stocks Start Week Higher With SIFs In The Lead
The Bucharest bourse opened up Monday, following the positive evolution of the international markets, as investors hope European leaders will take this week new steps for easing the debt cri...
Leu Gains Vs Euro In Early Trade
Romania’s leu opened higher against the euro Monday, mirroring neighboring markets amid yet renewed hope that the European leaders can find common ground in their fight to contain the sovere...
Top Companies On Stock Market Have Cash Reserves Of Over EUR900M
The sovereign debt crisis caught the most important 50 companies on the Bucharest Stock Exchange with cash reserves that stood at 4 billion lei (EUR910 million) on September 30. Their short-...
Bucharest Stocks Close With Solid Increase, On Low Activity
The Bucharest bourse closed Friday with a visible upward trend, but trading remained low and investors focused mainly on financials and OMV Petrom (SNP.RO).
Leu Dips Vs Euro In Sleepy Session
Romania’s leu weakened slightly against the euro in late trade Friday, amid low volumes, and closed at 4.359/4.36 to the euro.
Leu Steady Vs Euro, Exchange Rate At 4.3535
Romania’s leu traded near 4.35 per euro by midday Friday, amid a quiet market, and the central bank’s reference gained modestly to 4.3535 units, from 4.3539 units in the previous session.
Bucharest Stocks Open Up In Thin Trade
Bucharest shares opened slightly higher Friday, tracking international markets, with the composite index BET-C gaining 0.32% amid low volumes.