Capital Market
Bucharest Bourse Closes Down Amid Fears Of Greek Debt Default
Bucharest-listed shares closed down Friday, as the sentiment on the international markets worsened on news of a planned default for half of Greece's debt.
Leu Ends Almost Flat Vs Euro, In Quiet Market
The Romanian leu ended Friday at around 4.305 to the euro, almost flat on the day, after a silent session, dominated by news on the potential deafult of Greece.
Refinery Astra To Contribute 10.8 Ha Of Land To Hidro Bitum Capital Hike
Romanian oil refinery Astra Romana (ASP) Ploiesti will contribute in kind to increasing the share capital of Hidro Bitum Teleorman, a company part-held by InterAgro owner Ioan Niculae.
Romanian Leu Trades In Narrow Ranges, Exchange Rate At 4.3072 Vs Euro
The Romanian leu traded in narrow ranges in the first half of Friday session, staying around 4.31 per euro, and the central bank's reference rate rose insignificantly to 4.3072 units, from 2...
Bucharest Stocks Open Down, Despite G20 Promise To Fight Crisis
The Bucharest Stock Exchange opened in the red Friday, despite news of G20 action to fight the crisis in Europe which prompted European stocks to gain ground.
Romanian Leu Opens Down Vs Euro, In Line With Region
Romania’s leu opened lower against the euro Friday after hitting the lowest rate of the year Thursday but regained some of its ground after G20 countries promised to take action to fight the...
BET Index Drops To Two-Year Low, No Signs That Falls Will End Here
BET, the main index of the Bucharest Stock Exchange, Thursday broke the 4,350-point level, hitting its lowest point since the autumn of 2009 amid severe corrections on the external markets.
Bucharest Stocks Dive, On Negative Sentiment
The Bucharest bourse closed Thursday with a significant decline, on moderate traded values, after the US Federal Reserve voiced concerns over the economic recovery.
Leu Ends Down Vs Euro, Mirroring Neighbors
Romania’s leu weakened against the euro Thursday and closed down 0.3% at 4.304/4.3055 units, tracking the currencies in the region, after the US central bank warned of persistent economic ri...