Capital Market
Leu Exchange Rate At 4.2778 Vs Euro; Falls To New Low Vs Swiss Franc
Romania’s leu retreated against the euro in mid trade Thursday and the central bank’s reference weakened slightly to 4.2778 units, from 4.2748 units a day earlier. Against the Swiss franc, t...
Leu Edges Up Vs Euro, Investors Stay Cautious
The leu gained some ground against the euro early Thursday, on a market where investors remained cautious, awaiting solutions on the euro area debt crisis.
Shares Open Down, Amid Modest Trading
The Bucharest bourse opened Thursday with a slight decrease, with little to no activity in the market, while the bulk of trading focused on Oltchim (OLT.RO) and SIF Oltenia (SIF5.RO).
Romania’s Best-Kept Secret: Not Even Boc Knows Petrom’s Subscription Level
The level of subscription to OMV Petrom’s (SNP.RO) offering, i.e. the number of shares that investors are interested in buying and the prices they pay, is the best-guarded secret in Romania...
Leu Ends Lower Vs Euro On Negative Sentiment
Romania’s leu lost earlier gains versus the euro in late trade Wednesday and closed slightly weaker on the day, amid a negative sentiment in the region.
Bucharest Shares Close Undecided, In Sleepy Market
The Bucharest bourse closed Wednesday slightly above par, after session-long oscillation, on lackluster trading that mostly focused on investment fund Fondul Proprietatea (FP.RO).
Transelectrica Swings To RON10M Profit In 1H
Romanian state-run power grid operator Transelectrica (TEL.RO) Wednesday said it has switched to net profit of 9.94 million lei (EUR2.32 million) in the first half of 2011, from a loss of RO...
Leu Up Vs Euro, Exchange Rate At 4.2748
Romania’s leu edged higher against the euro in mid trade Wednesday and the central bank’s reference won 0.2% at 4.2748 units, from 4.2838 units a day earlier.
Leu Opens Flat Vs Euro, Weakens Early
The leu opened nearly flat against the euro Wednesday, thus unable to recover the ground lost in the previous session, and continued to weaken early, on negative international sentiment.