Capital Market
Bucharest Stocks Close Down, After Lackluster Session
The Bucharest bourse closed Thursday on a downward trend, on reduced traded values, with nearly half of activity focused on investment fund Fondul Proprietatea (FP.RO).
Leu Sheds Gains Vs Euro, Exchange Rate At 4.3148
Romania’s leu lost early gains versus the euro by midday Thursday, but the central bank’s reference won 0.16% on the day to 4.3148 units, from 4.3217 units in the previous session.
Bucharest Stocks Open Flat, Amid Market Apathy
The Bucharest bourse opened Thursday with minor oscillation around yesterday’s closing levels, while investors showed apathy and focused mainly on the shares of lenders and investment funds.
Leu Opens Stronger Vs Euro, Weakens Later
The Leu opened Thursday slightly stronger against the euro, indirectly reacting to a strengthening of the euro against the US dollar.
Ameropa Grains Seeks Delisting In View Of Smoother Operation
The owner of Ameropa Grains (CCRL.RO), the sole cereal trader listed on the Bucharest Stock Exchange, has recently launched an offer to buy 4% of the company’s shares, in view of delisting.
Bucharest Stocks Close Up, SIFs Buck Trend
The Bucharest bourse closed Wednesday with a slight increase, on low traded volumes, but the five regional investment funds, or SIFs, closed in the red.
Leu Ends Higher Vs Euro, Attuned To Region
Romania’s leu widened earlier gains versus the euro in late trade Wednesday and closed almost 0.4% stronger on the day, amid low volumes and a positive sentiment in the region after EU offic...
Economy Ministry Hires Broker For Transelectrica Public Offering
Romanian Economy Ministry will hire a consortium made of investment companies BCR, Intercapital Invest and Swiss Capital to help with a secondary offering of 15% in state-run power grid oper...
Erste Proposes RON644M Capital Increase At BCR
Austria’s Erste Group Bank AG (EBS.RO) Wednesday recommended increasing the share capital of its Romanian unit Banca Comerciala Romana (BCR) by 644 million lei (about EUR150 million) to RON1...