Capital Market
Number Of Investors On Stock Market Lowest Since 2005
The number of active investors on the Bucharest Stock Exchange reached the lowest level in September since 2005, when the institution started to publish the first statistical data on the tre...
Some Closed-End Funds Thrive Even When Stocks Nosedive
Two investment funds managed by Certinvest are the closed-end funds with the highest performance and yields of more than 15% over the past year.
Ropharma Eyes EUR2M Loan To Finance Investments
Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) plans to borrow EUR2 million from ING Bank to finance medium-term investments, the company said in a statement Friday.
Proprietatea Fund Profit Falls To RON535M In September
Romanian investment fund Fondul Proprietatea Friday said its net profit fell 2.4% to 535.3 million lei (EUR123.8 million) in September, from RON548.8 million a month earlier.
SIFs' Net Assets Down 3.5% To RON6.5B In September
Romania’s five regional investment funds (SIFs) reported combined net assets worth 6.5 billion lei (EUR1.5 billion) in September, down 3.5% from a month earlier.
Leu Slips Vs Euro On Increased Forex Demand
Romania’s leu retreated against the euro in late session Friday, pushed lower by growing demand for foreign currency, and closed 0.2% weaker on the day at 4.3275/4.33 units.
Bucharest Bourse Ends Up, Financial Stocks Remain In Focus
The Bucharest bourse closed Friday with a moderate increase, while trading focused mainly on lenders, Fondul Proprietatea (FP.RO) and the five regional investment funds (SIFs).
Concefa Sibiu To Hike Share Capital By RON6.1M, To RON63M
Romanian construction company Concefa Sibiu (COFI.RO) on Friday said it will increase its share capital by 6.1 million lei (EUR1.41 million), to RON63 million, since shareholders subscribed...
Leu In Ranges Vs Euro, Exchange Rate At 4.3233
Romania’s leu traded in narrow ranges against the euro by midday Friday, while the central bank’s reference retreated 0.2% to 4.3233 units, from 4.3148 units a day earlier.