Capital Market
SIFs' Net Assets Rise Slightly To RON7.36B In May
The five regional investment funds (SIFs) reported combined net assets worth 7.36 billion lei (EUR1.76 billion) in May, up 0.4% from a month earlier.
Leu Dips Vs Euro In Sleepy Session
Romania’s leu retreated modestly against the euro Wednesday and closed near 4.175 units, in an uneventful session.
Buharest Shares Close Down, Oltchim Stumbles
The Bucharest bourse closed Wednesday with a moderate decline, while the latest gainers chart-topper Oltchim (OLT.RO) registered a 3.3% recoil.
Leu Exchange Rate Hits New 3-Month Low At 4.1756 Vs Euro
Romania’s leu partly recovered early losses against the euro by mid-trade Wednesday, while the central bank’s reference fell to a fresh three-month low at 4.1756 units, from 4.1732 units a d...
City Of London Investment Management Announces 5.85% Stake In Proprietatea
City of London Investment Management Company Limited holds a 5.85% stake in investment fund Fondul Proprietatea (FP.RO), including stocks and warrants issued by UniCredit Bank.
Leu Opens Flat Versus Euro, In Line With Peers
The leu opened almost flat against the euro Wednesday, in line with the trend seen by other currencies in the region as well.
Shares Open Undecided, In Quiet Market
The Bucharest bourse opened Wednesday on an oscillating trend, with Oltchim (OLT.RO) still on the rise, while volumes in the market were low.
Power Transformer Producer Retrasib Taps Foreign Markets
Power transformer producer Retrasib Sibiu (RTRA.RO), controlled by Cluj-based businessmen Octavian and Calin Buzoianu, is set to focus on signing partnerships and securing contracts on forei...
Fondul Proprietatea Buys Back 0.07% Stake For RON5M
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.07% of its shares on the Bucharest bourse for 5 million lei (EUR1.2 million), the fund said in a statement Tuesda...