Capital Market
Shares Open Flat, Amid Market Apathy
The bourse opened Friday with some insignificant oscillation, on low traded volumes, focused mainly on the traditional liquidity drivers.
Leu Holds Ground Vs Euro, In Quiet Mkt
The leu opened flat against the euro Friday, weakening early on euro buy orders but soon regaining the ground lost momentarily.
Mutual Funds And Romanians' Favorite Investments
Most Romanians who have left their fortunes in the hands of mutual fund managers prefer investments in shares and bonds, but gold is gaining more ground amid fears over the sovereign debt cr...
Romanians Keep Kilos Of Gold In Swiss Banks
Certinvest, the largest independent asset manager providing personalized services, bought more than ten kilos of gold worth an estimated EUR350,000 for some of its clients looking for an inv...
Bucharest Shares End Flat, After Eventless Session
The Bucharest bourse closed almost flat Thursday, on average traded values, as the large part of activity focused on financials and oil company OMV Petrom (SNP.RO).
Leu Closes Down Vs Euro In Quiet Market
Romania’s leu weakened against the euro Thursday and closed 0.34% lower at 4.247/4.25 units, amid low volumes.
Romania Reconsiders Proprietatea Fund As Beneficiary Of $865M From Iraq’s Debt
The Romanian government decided to pull investment fund Fondul Proprietatea (FP.RO) from a list of 26 beneficiaries of $977 million from Iraq’s outstanding debt to the state, citing procedur...
Leu Stable In Mid-Trade, Exchange Rate Weakens 0.3% To 4.2445 Vs Euro
Romania’s leu traded in ranges against the euro by mid-session Thursday and the central bank’s reference weakened 0.3% to 4.2445 units, from 4.2323 units a day earlier.
Retrasib 1H Net Profit Dives To RON0.95M
Romanian transformer maker Retrasib Sibiu (RTRA.RO), owned by Octavian and Calin Buzoianu, Thursday reported a first-half net profit of 951,000 lei (EUR224,000), down from RON2.51 million in...