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Capital Market

Leu Closes Weaker Vs Euro, Attuned To Region

Romania’s leu widened early losses against the euro in late trade Wednesday, tracking the currencies in the region, and closed 0.26% weaker on the day, amid low volumes.

Florentina Dragu · 21.09.2011 · 17:04 · 1 min
Capital Market

Leu Down Vs Euro, Exchange Rate At 4.2902

Romania’s leu edged lower against the euro by mid trade Wednesday and the central bank’s reference weakened to 4.2902 units, from 4.2843 units a day earlier.

Florentina Dragu · 21.09.2011 · 13:24 · 1 min
Capital Market

Templeton Asset Management Raises Its Stake In Bucharest Bourse Above 5%

Templeton Asset Management, the emerging markets investment division of U.S. Franklin Templeton, Wednesday reported it holds a 5.58% stake in Bucharest bourse operator BVB (BVB.RO), thus ove...

Andrei Cîrchelan · 21.09.2011 · 11:29 · 1 min
Capital Market

Leu Opens Flat Vs Euro, Markets On Stand-By

The Romanian leu opened Wednesday nearly flat against the euro, in a quiet market, while other currencies in the region were also stable against the euro, awaiting the conclusion of the two-...

Andrei Cîrchelan · 21.09.2011 · 10:55 · 1 min
Capital Market

Bucharest Stocks Open Down, In Line With Region

The Bucharest bourse opened Wednesday on a downward trend, in line with other markets in the region, while traded values remained low.

Andrei Cîrchelan · 21.09.2011 · 10:51 · 1 min
Capital Market

Intercontinental Bucuresti To Buy Back 10% Of Its Shares

Romanian hotel operator Intercontinental (RCHI.RO) plans to buy back up to 10% of its shares, pending shareholders approval, the company said Tuesday.

Florentina Dragu · 20.09.2011 · 18:40 · 1 min
Energy

Dafora Hikes Share Capital By RON2.8M

Romanian drilling company Dafora Medias (DAFR.RO) increased its share capital to 100.2 million lei (EUR23.4 million), below the planned level, after shareholders subscribed shares worth RON2...

Florentina Dragu · 20.09.2011 · 18:25 · 1 min
Capital Market

Leu Gains 0.25% Vs Euro Amid Low Volumes

Romania’s leu widened earlier gains versus the euro in late trade Tuesday and closed 0.25% stronger on the day, amid low volumes.

Florentina Dragu · 20.09.2011 · 17:10 · 1 min
Capital Market

Bucharest Stocks Close Up, Proprietatea Deals Lift Turnover

The Bucharest bourse closed Tuesday with a slight increase, based on a late-trade surge, while significant stakes in Fondul Proprietatea (FP.RO) were transferred on the deal market, amid reg...

Andrei Cîrchelan · 20.09.2011 · 17:09 · 1 min