Capital Market
Comnord Sees Turnover Dive From EUR78M In 2007 To Less Than EUR1M In 1H 2011
Comnord Bucuresti (COCS.RO), a company controlled by businessman Sorin Creteanu, which used to be one of Romania’s largest builders and the most valuable company on RASDAQ market before the...
Bucharest Shares Close Up, SIFs Buck Trend
The Bucharest bourse managed to close above par Tuesday, despite a downward tendency started mid-session, but the regional investment funds SIFs closed in the red.
Leu Modestly Up Vs Euro In Calm Trade
Romania’s leu strengthened slightly against the euro amid a quiet session Tuesday and closed at 4.258/4.26 units, from 4.2625/4.2635 units a day earlier.
Leu Partly Loses Edge Vs Euro, Exchange Rate At 4.2579
Romania’s leu lost part of its early gains versus the euro by mid trade Tuesday, but the central bank’s reference strengthened for the second straight day to 4.2579 units, from 4.2611 units...
Leu Opens Stronger Vs Euro, As Markets See Uptick
The Romanian leu opened Tuesday stronger against the euro, and continued to strengthen within the first hour, while other currencies in the region were seeing similar evolution, encouraged b...
Bucharest Shares Open Up, On Positive Sentiment
The Bucharest bourse opened Tuesday with an increase, as international markets showed signs of recovery, but investors remained cautious and took an moderately active stance.
Stock Falls Wipe Out Tens Of Million Euros From Unit-Linked And Private Pension Accounts
Private pension funds and insurers’ unit-linked schemes have felt the full blow of capital markets’ decline in the past month, as millions of euros vanished from clients’ accounts.
Fondul Proprietatea Buys Back 0.04% Stake For RON2.8M
Romanian investment fund Fondul Proprietatea (FP.RO) bought back 0.04% of its shares last week, for 2.8 million lei (some EUR0.66 million), leaving fund manager Franklin Templeton with just...
Bucharest Shares Close High, On Modest Trading Values
The Bucharest bourse closed up Monday, after a shaky start, but activity remained moderate in the market, as investors showed caution and focused mainly on financial stocks.