Capital Market
Chimpex Ups Share Capital By RON5.5M
Romanian harbor operator Chimpex Constanta (CHEM.RO) has increased its share capital by 5.53 million lei (EUR1.27 million) to RON27.75 million, the company said in a statement Friday.
Bucharest Stocks Close Down 1%, SIFs Stay In Green
The Bucharest bourse closed down 1% Friday, on moderate traded values, while the five regional investment funds, or SIFs, managed to stay in the green.
Leu Dips Vs Euro Amid Low Volumes
Romania’s leu weakened slightly against the euro amid low volumes Friday and closed at 4.365/4.3665 units, from 4.3635/4.3645 units a day earlier.
Leu Exchange Rate Falls To 17-Month Low Of 4.3598 Vs Euro
Romania’s leu gained modestly versus the euro in mid-trade Friday, but the central bank’s reference weakened to 4.3598 units, the lowest rate in 17 months.
Bucharest Stocks Fall In Early Trade
The Bucharest bourse opened Friday with a barely noticeable increase, on low traded volumes, but it soon fell below par, while investors were focusing on the five regional investment funds,...
Romanian Leu Opens Flat Vs Euro, Lobs Early
The Romanian leu opened Friday nearly flat against the euro, it weakened in the first minutes of trading only to soon return to previous levels, prompting dealers to suspect an intervention...
Romania Fails To Sell EUR1B Bonds In The US
The Finance Ministry picked a really bad moment to try to sell bonds on the U.S. market and had to postpone the loan. Romania intended to borrow between $1 billion and $2 billion from the U....
Bucharest Bourse Dismisses General Manager Over Poor Performance
The shareholders of the Bucharest Stock Exchange Thursday relieved Valentin Ionescu of his general manager duties, citing several reasons for the move, including insufficient commitment and...
Bucharest Stocks Close Down, Trading Picks Up
The Bucharest bourse closed Thursday in the red, on improved traded values, with almost a quarter of the overall traded values coming from deal market transactions in SIFs, Fondul Proprietat...