Capital Market
Leu In Ranges Vs Euro, Exchange Rate At 4.1556
Romania’s leu traded in ranges against the euro in mid session Friday and the central bank’s reference strengthened nearly 0.4% at 4.1566 units, from 4.172 units a day earlier.
Transgaz OKs 2010 Dividend At A Record RON338.7M
Romania’s state-run natural gas pipeline operator Transgaz Medias (TGN.RO) will pay out total dividend of 338.7 million lei (EUR81.2 million) from last year’s profits, a record figure for th...
Bucharest Stocks Open Down, Oltchim Shares Cool Off
Bucharest shares were mostly lower Friday morning, with star traders Oltchim (OLT.RO) and Rompetrol Rafinare (RRC.RO) slowing down after days of consecutive gains of 15%.
Leu Opens Higher Vs Euro In Quiet Market
Romania’s leu advanced versus the euro Friday morning and traded near 4.155 units for the first part of the session, amid a quiet market.
Shares That Surged Over 40% Over The Past Few Days Run Out Of Steam
The shares of Oltchim (OLT.RO), Rompetrol Rafinare (RRC..RO) and three other oil companies, which grew between 40% and 130% from the beginning of June until mid-session yesterday, closed the...
Romania Draws EUR1.5B From Foreign Markets In 5-Year Bond Sale
Romania sold EUR1.5 billion in five-year bonds at an annual yield of 5.29%, in the first issue of the country's EUR7 billion medium term notes (MTNs) program, with orders books closing at EU...
Romania Sets 5-Year Bond Pricing At 5.4%, Order Book Above EUR2 Bln
Romania set the price guidance of its five-year euro-denominated bond issue at some 5.4%, 20 basis points higher than at its previous international issue in March 2010, banking sources told...
Leu Ends Higher Vs Euro On Rising Volumes
Romania’s leu edged higher against the euro in late trade Thursday, amid growing volumes, and closed 0.2% stronger on the day at 4.1635/4.1645 units.
Shares Close Down, Oltchim Stumbles
The Bucharest bourse closed Thursday slightly in the red, while chemical company Oltchim (OLT.RO) saw a steep decline after the past days' rally.