Capital Market
Leu Up Vs Euro, Exchange Rate At 4.3217
Romania’s leu edged higher against the euro by midday Wednesday and the central bank’s reference strengthened 0.2% to 4.3217 units, from 4.3312 units a day earlier.
Bucharest Stocks Open Down, In Quiet Market
The Bucharest bourse opened Wednesday with a slight decrease, on low traded volumes, while investors were focusing mainly on investment fund Fondul Proprietatea (FP.RO).
Leu Opens Flat Against Euro, In Line With Peers
The leu opened nearly flat against the euro Wednesday, in line with other currencies in the region, while traded volumes remained low.
Mutual Funds’ Exposure To Stock Markets At All-Time Low
The sovereign debt crisis chased mutual funds away from stock exchanges, with their exposure to equity declining to an all-time low of 3% of their total assets, worth 7 billion lei (EUR1.6 b...
Impact To Slash Share Capital By RON2.1M
The shareholders of realty developer Impact (IMP.RO) agreed to cut the company’s share capital by 2.1 million lei (EUR485,000), to RON197.8 million, by cancelling shares bought back in previ...
Bucharest Stocks Close Up, On Dull Trading
The Bucharest bourse closed slightly up Tuesday, but activity was marked by apathy and focused largely on investment fund Fondul Proprietatea (FP.RO) stocks.
Leu Ends Down Vs Euro, Following Region
The Romanian leu closed down almost 0.5% against the euro Tuesday, following the regional trend on increased risk aversion on financial markets.
Leu Loses 0.6% Vs Euro, Exchange Rate At 4.3312
The Romanian leu extended early losses against the euro in mid-trade Tuesday, and the central bank computed a reference rate of 4.3312 units, 0.6% weaker on the day.
Bucharest Stocks Open Stronger, Proprietatea Fund Leads Trades
The Bucharest stock exchange opened up Tuesday, after yesterday's solid performance of the US markets, with investors focusing almost exclusively on investment fund Fondul Proprietatea (FP.R...