Capital Market
Comvex Posts 8.3% Rise In 1H Profit, To RON2.6M
Harbor operator Comvex Constanta (CMVX.RO) posted a net profit of 2.6 million lei (EUR609,000) in the first six months of the year, up 8.3% from RON2.4 million in the same interval of 2010,...
Bucharest Stocks Close Down, Volumes Stay Low
Shares traded on the Bucharest bourse closed Friday in the red, on moderate traded values, while the bulk of activity focused on investment fund Fondul Proprietatea (FP.RO).
Leu Closes Weaker, On Euro Decline Vs US Dollar
The Romanian leu closed Friday weaker against the euro, in line with other currencies in the region, indirectly influenced by the euro’s depreciation against the US dollar.
Leu Exchange Rate Hits 3-Week Low Vs Euro At 4.2675
Romania’s leu widened early losses against the euro, tracking the currencies in the region, while the central bank’s reference weakened almost 0.5% on the day to 4.2657 units, the lowest rat...
Morgan Stanley To Advise On Romania’s Romtelecom Possible Listing, Merger
Romanian hard-line telephony operator Romtelecom on Friday said it has selected US investment bank Morgan Stanley to assess the pros and cons of a possible listing in Bucharest and a propose...
Proprietatea Fund Included In Three Indices In Vienna
Romanian investment fund Fondul Proprietatea (FP.RO) will trade on three regional indices in Vienna starting with September 19, according to a decision of the Austrian stock exchange.
Brokers Can File Bids On Transelectrica SPO By September 29
Romania's Economy Ministry Friday said brokerage houses interested in running a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) can file bids by September...
Bucharest Stocks Modestly Up In Early Trade Amid Low Volumes
Bucharest shares were mostly higher in early trade Friday, amid very scarce volumes, with investment fund Fondul Proprietatea (FP.RO) once again fueling more than half of the liquidity.
Sibiu Bourse Extends Trading Hours Starting September 12
Romanian Sibiu stock exchange Sibex will extend derivatives trading by over four hours to close the time gap with Wall Street and allow investors and traders to react to important moves in t...