Capital Market
Leu Ends Down Vs Euro, Attuned To Region
Romania’s leu weakened against the euro in a quiet market Tuesday, tracking the currencies in the region, and closed at 4.2365/4.2385 units, from 4.2215/4.224 a day earlier.
SSIF Broker Cuts BRD, Banca Transilvania Target Prices
Romanian brokerage house SSIF Broker (BRK.RO) Tuesday revised downward its 12-month target price for lenders BRD-Groupe Societe Generale (BRD.RO) and Banca Transilvania (TLV.RO), citing unfa...
Leu Trades At 4.2356 Vs Euro, Falls To All-Time Low Vs Swiss Franc
Romania’s leu widened early losses against the euro by mid trade Tuesday, amid rising aversion to risk, and the central bank’s reference weakened 0.26% to 4.2356 units, from 4.2246 units a d...
Leu Falls Vs Euro, Mirroring Regional Currencies
The Romanian leu fell against the euro in early trade Tuesday, in line with the currencies in the region, on a negative sentiment triggered by renewed fears about sovereign debts in eurozone...
Bucharest Shares Open Down, SIFs Fall More Quickly
Romanian shares opened down Tuesday, with the regional investment funds (SIFs) posting a speedier decline, but the investors' interest was generally reduced.
Proprietatea Fund Buys Back 0.26% Stake For RON18.8M
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.26% of its shares on the Bucharest bourse for 18.77 million lei (EUR4.4 million), the fund said in a statement Tu...
Share Investment Funds Lose During Vacation What They Strove To Earn During The Year
Funds that invest in stocks have visibly reduced their yields, with Star Next fund registering the highest return at 8% for the first seven months of the year, amid fears over the sovereign...
Socot Targu-Mures 1H Net Profit Rises To RON2.1M
Romanian hydro-technical construction company Socot Targu Mures (SCTO.RO) Monday posted a first-half net profit of 2.14 million lei (about EUR0.5 million), more than three times higher than...
Bucharest Shares Close Up, Financials In The Lead
Romanian shares closed on a positive note Monday, after five consecutive sessions of decreases, with the investment fund stocks dominating the trades.