Capital Market
Leu Ends Flat Vs Euro In Quiet Market
Romania’s leu moved in tight ranges against the euro Friday and closed flat on the day at 4.3275/4.33 units, amid low volumes.
Leu In Ranges Vs Euro, Exchange Rate At 4.3295
Romania’s leu traded near 4.33 per euro by midday Friday and the central bank’s reference strengthened modestly to 4.3295 units, from 4.3308 units a day earlier.
EU Asks Romania For Clear Commitment On Oltchim Privatization
The European Commission has asked Romania to make “a clear commitment” and present a privatization calendar for the chemical plant Oltchim SA (OLT.RO), said Joaquin Almunia, Vice-President o...
S.African NEPI Calls On Shareholders To Raise Capital By EUR40M
South-African investment fund New Europe Property Investment (NEP.RO) Friday said it plans to raise EUR40 million via a rights offer to shareholders at EUR2.8 a share.
Bucharest Stocks Mixed At Opening On European Uncertainty
Bucharest shares were mixed at opening Friday, as investors are playing it safe ahead of the conclusions of an EU summit that may shed some light on the next strategy to contain the debt cri...
Leu Opens Down Vs Euro On Low Volumes
Romania’s leu opened down against the euro Friday, amid low volumes, in line with its neighbors which fell heavily in pre-trade on doubts that the European leaders can reach common ground on...
Bucharest Stocks Close Down, SIFs Buck Trend
The Bucharest bourse closed down Thursday, but the five regional investment funds, or SIFs, ended in green territory, after a session in which investment fund Fondul Proprietatea (FP.RO) onc...
Leu Ends Higher Vs Euro In Quiet Market
Romania’s leu strengthened slightly against the euro amid a quiet market Thursday, and closed about 0.15% higher on the day at 4.33/4.3335 units.
Zimtub To Pay RON3.96/Share In Delisting Procedures
The minority shareholders of pipe maker Zimtub (ZIM.RO) who disagree with delisting can sell their shares for 3.9647 lei (EUR0.915), a price that is 58% higher than the latest closing on the...