Capital Market
Bucharest Stocks Close Down, SIFs Lose More Than 3%
The Bucharest bourse closed Monday in the red, on moderate traded values, with a sharper decline posted by the regional investment funds (SIFs) following last week's large increases.
Leu Ends Flat Vs Euro On Low Volumes
Romania’s leu moved in a tight range against the euro Monday and closed flat on the day at 4.364/4.365 units, amid low volumes.
Vae Apcarom Changes Name To Include Parent Group Voestalpine
Romanian rolling stock maker Vae Apcarom (APC.RO) Monday announced it has changed its name to Voestalpine Vae Apcarom, after parent group, Austria's Voestalpine.
Romania Sells RON502M 9-Month T-Bills At 6.7% Average Yield
Romania’s Finance Ministry Monday sold nine-month treasury bills worth 502.3 million lei (EUR115.2 million), half the planned amount, at an average yield of 6.72% on the year.
Leu's Exchange Rate Hits Fresh 17-Month Low Of 4.3608 Vs Euro
Romania’s leu traded in narrow ranges against the euro by midday Monday, while the central bank’s reference weakened to a new 17-month low of 4.3608 units, from 4.3598 units in the previous...
BCR Lends EUR20M To TMK Artrom Slatina
Romanian lender BCR, owned by Erste Group Bank (EBS.RO), issued a EUR20 million loan for pipe maker TMK-Artrom Slatina (ART.RO).
Leu Opens Stronger Vs Euro, Consolidates Early
The leu opened Monday slightly stronger against the euro and maintained the trend, while dealers in the market expect the central bank to intervene again and keep the leu stable.
Bucharest Stocks Open Down, Eyes On SIFs
The Bucharest bourse opened Monday in the red, on low traded values, while investors were mainly focusing on the five regional investment funds, or SIFs, and Fondul Proprietatea (FP.RO).
Listed Companies Saw 25% Turnover Growth, Profits Up 140% In Jan-Sept
The cumulated turnover of the most important 100 companies to have published results until Friday (November 18) for the third quarter went up in the first nine months by 25.5% to 41 billion...