Capital Market
Bucharest Stocks Open Up, SIFs On The Rise
Bucharest shares opened higher Friday, with the five regional investment funds SIFs entering a three-day rally after a sharp decline on Tuesday.
Leu Gains Modestly Vs Euro In Early Trade
Romania’s leu edged higher against the euro Friday morning and traded in narrow ranges in early session, with investors playing it safe ahead of a key US jobs report that will show how well...
Foreigners’ Holdings In Proprietatea Fund Rise To 45% In September
Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 45.13% in September, from 43.04% a month earlier, the fund said in a statement Friday.
Avicola Buzau Eyes RON15.6M Loan From Eximbank
The managing board of poultry meat producer Avicola Buzau (AVZU.RO) asked shareholders to approve the contracting of a loan worth 15.6 million lei (EUR3.6 million) from Eximbank, to be used...
Remarul 16 Februarie Raises Cap On Credit Line To EUR26.1M
The shareholders of rolling stock company Remarul 16 Februarie (REFE.RO) agreed to increase the ceiling of a EUR11.1 million credit line to EUR26.1 million, according to a memo posted Thursd...
Bucharest Stocks Close Up, SIFs Ease Gains
The Bucharest bourse closed up Thursday, but the five regional investment funds (SIFs) erased part of their early gains in late trade, on reduced liquidity supported by deals with Fondul Pro...
Leu Ends Flat Vs Euro Amid Lackluster Trading
Romania’s leu wavered around 4.31 per euro amid a quiet market Thursday and closed almost flat on the day at 4.317/4.32 units, from 4.3165/4.3185 units in the previous session.
Romania Rejects All Bids In 5-Year Bonds Sale
Romania’s Finance Ministry on Thursday rejected for the second consecutive time all bids in a 500 million lei (EUR115.7 million) five-year bond sale, citing high yields.
Leu Steady Vs Euro, Exchange Rate At 4.3128
Romania’s leu traded in ranges against the euro by midday Thursday and the central bank’s reference strengthened slightly to 4.3128 units, from 4.3144 units a day earlier.