Capital Market
Leu Opens Weaker Vs Euro, Recovers Early
The leu opened Monday slightly weaker against the euro, but soon recovered the ground lost, on low traded volumes and improved sentiment.
Bucharest Stocks Open Strong, On Renewed Optimism
The Bucharest bourse opened Thursday with a solid increase, on positive sentiment coming from the conclusions of the EU summit, where leaders agreed on measures to counter the economic crisi...
Banca Transilvania Reports 53% YY Rise In Jan-Sep Net Profit, To RON106.9M
Lender Banca Transilvania (TLV.RO) on Thursday reported a net profit of 106.9 million lei (EUR25.4 million) for the first nine months of the year, up 53% from RON69.7 million in the same int...
Can BVB Help Romanian Entrepreneurs Build A Strong Bank?
Eastern European countries need to encourage local banks, and where there aren’t any, they may have to build them from scratch, in order to have an alternative to the financing offered by fo...
Bucharest Stocks Close Flat, On Low Volumes
The Bucharest bourse closed Wednesday roughly flat on the day, on low traded volumes, with investors awaiting EU leader summit conclusions.
Leu Dips Vs Euro In Thin Trade
Romania’s leu weakened slightly against the euro amid a quiet market Wednesday, as the results of an EU summit on the European sovereign debt crisis will not be known until later today.
Leu Steady Vs Euro, Exchange Rate At 4.3274
Romanian leu traded below 4.33 per euro by midday Wednesday, amid a calm market, and the central bank’s reference weakened slightly to 4.3274 units, from 4.3246 units a day earlier.
Bucharest Stocks Open Up, Fall Early, Amid Market Apathy
The Bucharest bourse opened Wednesday with a slight increase, but they soon fell below par, on little to no trading.
Leu Opens Flat Against Euro, Players Await Summit Conclusions
The leu opened Wednesday nearly flat against the euro, as players on international markets await the conclusions of the EU leaders summit.