Capital Market
Leu Opens Weaker Vs Euro, On Negative International Sentiment
The leu opened Tuesday weaker versus the euro, as markets were daunted by underachievement in the evolution of China’s economy.
Bucharest Stocks Open Down, On Moderate Trading
Shares traded on the Bucharest Stock Exchange opened Tuesday with a sharp decline, on moderate traded values, while the bulk of activity focused on the main investment funds and Erste Group...
Romania Receives Single Bid For Tarom IPO
A consortium made of brokerage house Carpatica Invest and Swiss Capital Thursday has submitted the only offer to help with the sale of a 20% stake in Romanian state-run airline Tarom, people...
Romanian Leu Dips Vs Euro Amid Low Volumes
Romanian leu weakened slightly against the euro Monday, amid low volumes, and closed at 4.3305/4.3325 units, from 4.3275/4.33 units in the previous session.
Bucharest Stocks Close Slightly Up, After Slow Session
The Bucharest bourse closed modestly up Monday, on low traded values, as investors focused mainly on the main investment funds and bank stocks.
Romania Sells RON800M 2-Year Bonds At 7.4% Average Yield
Romania’s Finance Ministry on Monday sold a planned 800 million lei (EUR184 million) in two-year bonds, at an average yield of 7.4% a year.
Leu Down Vs Euro, Exchange Rate At 4.3329
Romania’s leu edged lower against the euro in mid trade Monday and the central bank’s reference weakened 0.2% to 4.3329 units, from 4.3233 units in the previous session.
Bucharest Stocks Open Flat, On Modest Trading
The Bucharest bourse opened Monday roughly flat on the day, gaining some ground early, while investors focused mainly on Erste Group Bank (EBS.RO) and the five regional investment funds, or...
Leu Opens Weaker Vs Euro, Recovers Early
The leu opened Monday slightly weaker against the euro, but recovered early, in line with other currencies in the region, as players started showing greater risk aversion.