Capital Market
Leu Firms Vs Euro, Unlike Neighbors
Romania’s leu strengthened against the euro Friday and closed almost 0.3% higher at 4.3155/4.318 units, from 4.328/4.3295 units a day earlier.
Leu Recovers Vs Euro, Exchange Rate At 4.315
Romania’s leu recovered early losses against the euro by midday Friday and the central bank’s reference strengthened 0.3% to 4.315 units, from 4.3288 units a day earlier.
Socep Constanta 9-Month Net Profit Soars 12-fold
Romanian maritime port operator Socep Constanta (SOCP.RO) Friday said its net profit rose 12-fold on the year to 7.2 million lei (EUR1.66 million) in the first nine months, on higher sales.
Bucharest Stocks Modestly Up In Early Trade
Bucharest shares were mostly higher Friday morning, with investors taking profits after solid gains a day earlier.
Leu Down Vs Euro In Early Trade
Romania’s leu edged lower against the euro Friday morning, amid rising volumes and higher demand for foreign currency.
SIF Moldova 9-Month Revenue Down 8.2% On Year
Romanian regional investment fund SIF Moldova (SIF2.RO) Thursday reported total revenue of 134.5 million lei (EUR31 million) in the first nine months, down 8.2% on the year.
Leu Closes Flat Vs Euro In Lethargic Market
Romania’s leu traded in tight ranges against the euro Thursday and closed flat at 4.328/4.3295 units, after an uneventful session.
Bucharest Stocks Close High, Trading Jumps
The Bucharest bourse closed Thursday with a robust increase, on much higher traded values, as players showed improved sentiment following the EU summit.
Leu In Ranges Vs Euro, Exchange Rate At 4.3288
Romanian leu traded near 4.33 per euro by midday Thursday and the central bank’s reference weakened slightly to 4.3288 units, from 4.3274 units a day earlier.