Capital Market
Banca Transilvania To Buy Back 0.11% Stake
Romanian lender Banca Transilvania (TLV.RO) plans to buy back 0.11% of its shares in a program aimed to motivate employees, the bank said in a statement Thursday.
Leu Ends Flat Vs Euro In Quiet Market
Romania’s leu traded near 4.33 per euro in late session Thursday and closed flat on the day at 4.325/4.3275 units, amid a quiet market.
Bucharest Stocks Close Up, Proprietatea Rises 2%
Bucharest-listed shares closed Thursday slightly above par, after an end-session spike in activity, while two thirds of activity referred to investment fund Fondul Proprietatea (FP.RO).
Leu Exchange Rate Hits New 15-Month Low Vs Euro At 4.3218
Romania’s leu edged lower versus the euro by mid trade Thursday and the central bank’s reference weakened to a fresh 15-month low of 4.3218 units, from 4.321 units a day earlier.
Bucharest Stocks Open Flat, On Lackluster Trading
The Bucharest bourse opened flat Thursday, on low volumes and unimaginative trading, focused on just a few of the 78 active issuers.
Leu Opens Flat Vs Euro, in Line With Peers
The Romanian leu opened nearly flat against the euro Thursday, in line with other currencies in the region, with a moderate strengthening trend early in the session.
Franklin Templeton’s Achievements After One Year At Proprietatea Fund
After the first year as manager of investment fund Fondul Proprietatea (FP.RO), Franklin Templeton can drink only half the champagne glass: the fund is listed, but the share price is below e...
Bucharest Stock Exchange’ Derivatives Set Another Record
The Bucharest Stock Exchange Wednesday announced that a record number of futures contracts traded on the derivatives market during today’s session, nearly triple compared with the previous r...
Leu Slides Vs Euro As Aversion To Risk Increases
Romania’s leu weakened against the euro Wednesday, amid growing aversion to risk in the region as investors were thrown back at news that the EU leaders have different positions regarding a...