Capital Market
Bucharest Bourse OKs Brent Crude Oil, Silver Features Trade
The Bucharest Stock Exchange Thursday said Brent Crude Oil Futures and Silver Futures contracts will be traded on its platform as of July 26.
Leu Dips Vs Euro, Unlike Neighbors
Romania’s leu weakened slightly against the euro in a sleepy session Thursday, despite a positive sentiment in the region after eurozone leaders proposed a second bailout for troubled Greece...
Bucharest Shares Inch Up, Eyes On Financials
The Bucharest bourse closed slightly up Thursday, on moderate traded values, supported by investment fund Fondul Proprietatea (FP.RO) and the five regional investment funds, or SIFs.
Raiffeisen Cuts Transgaz Target Price To RON250/Share
Raiffeisen Capital&Investment Thursday cut by 3% to 249.5 lei (EUR58.7) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), while...
Romania Sells RON388M In 10-Year Bonds At 7.46% Average Yield
Romania’s Finance Ministry on Thursday sold 387.9 million lei (EUR91.4 million) in 10-year treasury bonds, slightly above the planned amount, at an average yield of 7.46% a year.
Leu Down Vs Euro, Exchange Rate At 4.2454
Romania’s leu lost early gains versus the euro by mid trade Thursday and the central bank’s reference weakened slightly to 4.2454 units, from 4.243 units a day earlier.
Leu Strengthens Vs Euro, On Improved Sentiment
The Romanian leu strengthened versus the euro Thursday, in line with other currencies in the region, after France and Germany reached common ground on new bailout package for Greece.
Bucharest Shares Open Up, On Dull Trading
The Bucharest bourse opened Thursday with a rising tendency, but activity in the market was low, focused mainly on financial stocks and investment fund Fondul Proprietatea (FP.RO).
Two Hundred Romanians Make Money On Wall Street
Some 200 Romanians are investors on the NYSE and NASDAQ markets in the US, the world’s largest. The value of investments operated by them revolves around several million euros, according to...