Capital Market
Leu Weakens Vs Euro On Negative Sentiment
Romania’s leu retreated against the euro Wednesday, amid a negative sentiment in the region and pushed down by stop-loss orders from non-residents, closing at 4.174/4.175 units.
Bucharest Shares Close Slightly Up, SIFs Buck Trend
The Bucharest bourse closed higher Wednesday, driven by the surge of chemical and energy companies, while the five regional investment funds, or SIFs, closed in the red.
Leu Widens Loss Vs Euro, Exchange Rate Falls To 4.1719
Romania’s leu widened early losses against the euro in mid trade Wednesday, tracking the currencies in the region, and the central bank’s reference weakened 0.4% to 4.1719 units, the lowest...
Oltchim, Rompetrol Dominate Bucharest Bourse In Early Trade
The Bucharest Stock Exchange opened slightly up Wednesday, with the shares of Oltchim (OLT.RO) and Rompetrol Rafinare (RRC.RO) fast tracking toward the 15% admitted daily cap.
Leu Down Vs Euro In Early Trade, Immune To 1Q GDP Data
Romania’s leu weakened against the euro in early trade Wednesday, unaffected by positive data that showed the economy expanded at a slightly faster pace than initially estimated in the first...
OMV Share Sale Below Vienna Bourse Price Might Delay Petrom Offering
Austria’s OMV, the majority shareholder of Petrom (SNP.RO), sold all the new shares issued as part of its capital increase, but the price at which the offering ended, EUR27.5/share, was lowe...
Proprietatea Fund Buys Back 0.12% Stake For RON8.5M
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.12% of its shares on the Bucharest bourse for 8.52 million lei (EUR2 million), the fund said in a statement Tuesd...
Shares Close Up, Blue-Chips Underachieve
The Bucharest bourse closed Tuesday with a slight increase, while the blue-chips closed in the red and energy and chemical stocks jumped by percentages very close to the maximum allowed vari...
Leu Falls Vs Euro, Unlike Peers
The leu retreated versus the euro Tuesday, pushed down by stop-loss orders from non-residents, and closed 0.4% weaker on the day at 4.1545/4.1555 units.