Capital Market
Leu Opens Weaker Vs Euro, On Greek Uncertainty
The leu opened Thursday slightly weaker against the euro, in line with developments on international markets, as everyone fears the outcome of the upcoming Greek referendum on the EU bailout...
Bucharest Stocks Open Weak, In Quiet Market
The Bucharest bourse opened Thursday with a slight decrease, on low traded values, while investors were focusing mainly on Erste Group Bank (EBS.RO) and Transgaz (TGN.RO).
Transgaz 9-Month Net Profit Flat At RON284M
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Thursday reported a net profit of 283.9 million lei (EUR67.5 million) in the first nine months, barely changed from...
Leu Closes Flat Vs Euro, Peers Weaken
The leu closed Wednesday flat against the euro, losing ground gained earlier in the day, while other currencies in the region were also weakening versus the euro.
Bucharest Stocks Close Down, SIFs Stay In Green
The Bucharest bourse closed Wednesday with a slight decrease, while the five regional investment funds, or SIFs, stayed in the green and investors focused mainly on Fondul Proprietatea (FP.R...
Leu Loses Edge Over Euro, Exchange Rate At 4.346
Romanian leu lost its early advance against the euro by midday Wednesday and the central bank’s reference weakened slightly to 4.346 units, from 4.3435 units a day earlier.
Bucharest Stocks Mostly Lower In Early Trade
Bucharest shares were mostly lower Wednesday morning, following a 2.3% decline a day earlier as Greece’s call to a referendum on the European rescue package surprised investors and officials...
Leu Opens Up Vs Euro, In Line With Peers
Romania’s leu edged higher against the euro Wednesday morning, mirroring neighboring markets as investors wait for the conclusion of a two-day monetary policy meeting in the US that could of...
Romania Leu Falls Vs Euro On Greek Debt Worries
Romanian leu weakened against the euro Tuesday and closed 0.36% lower on the day, amid a negative sentiment in the region following Greece’s surprising call to a referendum on Europe’s lates...