Capital Market
Leu Ends Flat Vs Euro, In Line With Region
The Romanian leu closed flat against the euro Friday, at 4.128/4.13 units, after having reached a low of 4.133/4.135 units in late trade.
Central Depository's 2010 Net Profit Triples To RON6M
The Romanian Central Depository on Friday reported a net profit of some 6 million lei (EUR1.45 million) for 2010, compared to RON2.1 million in 2009, and it expects a net profit of RON1.5 mi...
Raiffeisen Says “Buy” BRD Stock, Keeps RON16.6 Target Price
Raiffeisen changed the recommendation for BRD-Groupe Societe Generale (BRD.RO) stock from “hold” to “buy”, just a week after downgrade, while maintaining the 12-month target price at 16.6 le...
Romania To Start Road-show For International MTN Issue June 6
Romania will start on June 6 the road-show presentations for a first international issue of its planned EUR7 billion medium term notes (MTNs) program, market sources told MEDIAFAX Friday.
Leu Strenghtens Vs Euro, Amid Market Apathy
The Romanian leu gained slightly against the euro in early trade Friday, amid market apathy, in sync with other currencies in the region.
Bucharest Shares Open Up, Oltchim Jumps Another 15%
The Bucharest bourse opened up Friday, supported by a surge in chemical stocks, with Oltchim (OLT.RO) continuing its past days' rally, joined by Amonil (AMO.RO) and Azomures (AZO.RO).
Oltchim Celebrates 45th Birthday Rallying On Bucharest Stock Exchange
Germany’s PCC group has bought 3.6% in Oltchim (OLT.RO) for 9.5 million lei (EUR2.3 million) over the last few weeks, contributing to the stock price skyrocketing of the stock price, which i...
Communications Ministry Awaits OTE's Answer Before Making Decision On Romtelecom's Listing
The government has not made the decision to list Romtelecom shares on the stock exchange yet because he is waiting to see what Greek group OTE will answer this week to Romanian authorities’...
Leu Recoups Losses Vs Euro, Amid Low Volumes
Romania’s leu recovered early losses against the euro in late trade Thursday and closed slightly stronger on the day, amid low volumes.