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Capital Market

Bucharest Shares Close Down, Eyes On Financials

The Bucharest bourse closed Wednesday slightly in the red, unable to recover after a sharp drop early in the session, while the bulk of trading focused on investment fund Fondul Proprietatea...

Andrei Cîrchelan · 06.07.2011 · 16:54 · 1 min
Capital Market

Leu Falls Vs Euro On Higher FX Demand

Romania’s leu weakened against the euro Wednesday, pushed down by growing demand for foreign currency, and closed at 4.2105/4.212 units, from 4.178/4.1805 units a day earlier.

Florentina Dragu · 06.07.2011 · 16:51 · 1 min
Capital Market

Leu Widens Loss Vs Euro, Exchange Rate At 4.2022

Romania’s leu extended early losses against the euro in mid trade Wednesday and the central bank’s reference weakened nearly 0.5% to 4.2022 units, from 4.1817 units a day earlier.

Florentina Dragu · 06.07.2011 · 13:28 · 1 min
Capital Market

Bucharest Stocks Open Down Amid Low Volumes

Bucharest shares opened lower Wednesday morning, with the composite index BET-C shedding nearly 0.6% amid low volumes.

Florentina Dragu · 06.07.2011 · 11:36 · 1 min
Capital Market

Leu Opens Down Vs Euro, Attuned To Region

The Romanian leu edged lower against the euro Wednesday morning, amid a negative sentiment in the region after Moody’s cut Portugal’s rating to “junk,” warning the country may need more inte...

Florentina Dragu · 06.07.2011 · 11:18 · 1 min
Proprietatea Fund Buys Back 0.05% Stake For RON3.6M
Capital Market

Proprietatea Fund Buys Back 0.05% Stake For RON3.6M

Fondul Proprietatea (FP.RO) last week bought back 0.05% of its shares on the Bucharest bourse for 3.6 million lei (EUR0.86 million), the fund said in a statement Tuesday.

Florentina Dragu · 05.07.2011 · 18:22 · 1 min
Capital Market

Bucharest Shares Close Up, On Vivid Trading

The Bucharest bourse closed Tuesday on an upward trend, with high traded values, while the focus of investors was spread across the board.

Andrei Cîrchelan · 05.07.2011 · 17:15 · 1 min
Capital Market

Leu Firms Vs Euro On Higher Volumes

Romania’s leu firmed against the euro Tuesday, unlike its peers in the region, and closed 0.4% higher at 4.178/4.1805 units, amid growing volumes.

Florentina Dragu · 05.07.2011 · 17:04 · 1 min
Foreigners’ Net Outflows On Bucharest Bourse At RON44.5M In June
Capital Market

Foreigners’ Net Outflows On Bucharest Bourse At RON44.5M In June

Foreign investors were net sellers on the Bucharest Stock Exchange in June, with total outflows amounting to 44.5 million lei (EUR10.6 million), bourse data showed Tuesday.

Florentina Dragu · 05.07.2011 · 16:05 · 1 min