Capital Market
Energy Stocks Drag Down Bucharest Bourse, Transgaz Loses 10%
Bucharest-listed shares closed down Thursday after staying in red territory throughout the session, with energy companies posting the largest decline, led by Transgaz (TGN.RO), whose stock f...
Large Stake Sold In Carbochim On Bucharest Bourse For RON7.26M
A 23.4% stake in abrasives maker Carbochim Cluj-Napoca (CBC.RO) was sold Thursday on the deal market of the Bucharest Stock Exchange, through five transactions worth a total 7.26 million lei...
Romania Sells RON293.8M 10-Year Bonds At 7.47% Average Yield
Romania’s Finance Ministry Thursday sold a lower-than-planned 293.8 million lei (EUR69.5 million) in 10-year treasury bonds, while the average yield was at 7.47% on the year, slightly higher...
Leu Exchange Rate Gains 0.5% To 4.2294 Vs Euro
The Romanian leu erased part of the early gains in mid-trade Thursday, but it still was stronger than at the same time in the previous session, and the central bank set the reference rate at...
Bucharest Shares Open Down, In Quiet Market
The Bucharest bourse opened on a downward trend Thursday, on low traded values, while the bulk of activity was focusing on investment fund Fondul Proprietatea (FP.RO) and chemical company Ol...
Leu Opens Flat Vs Euro, In Line With Peers
The Romanian leu opened Thursday almost flat against the euro, following the trend of the other currencies in the region.
Petrom’s Offering Will Be Conducted In July, Price Has Yet To Be Set
The public offering whereby the Romanian government intends to sell a 9.84% stake in OMV Petrom (SNP.RO) will be conducted in July, according to the calendar set by the Economy Ministry with...
Bucharest Stocks Close Slightly Up, SIFs Lag Behind
The Bucharest bourse closed slightly up Wednesday, on higher traded values, but BET-FI, the index tracking the major investment funds, closed in red.
Leu Recovers Vs Euro, Central Bank Intervention Suspected
The Romanian leu recouped early losses against the euro in late trade Wednesday and closed below 4.23 units, with dealers suspecting central bank’s intervention to support the national curre...