Capital Market
Bucharest Shares Close Up, Proprietatea Fund Rebounds
The Bucharest bourse closed Thursday in the green, while the five regional investment funds, or SIFs, rose about 2% on average and investment fund Fondul Proprietatea (FP.RO) broke its eight...
Romania Sells RON500M 10-Year Bonds At 7.45% Average Yield
Romania’s Finance Ministry Thursday sold a planned 500 million lei (EUR121 million) worth of 10-year treasury bonds, while the average yield was at 7.45% on the year, slightly higher than at...
Leu Down Vs Euro, Exchange Rate At 4.1333
Romania’s leu lost early gains versus the euro in mid trade Thursday and the central bank’s reference weakened to 4.1333 units, the lowest rate since early April.
PCC Ups Stake In Oltchim To 15.7%, Shares Continue Rally
German PCC SE on Wednesday bought 1.9% of Romanian state-run firm Oltchim (OLT.RO), for 5.9 million lei (EUR1.43 million), thus upping its stake in the chemical company to 15.7%.
Leu Opens Flat Vs Euro, Strengthens Early
The Romanian leu opened Thursday flat versus the euro, but it started strengthening early in the session, while volumes remained low in a quiet market.
Bucharest Shares Open Flat, SIFs Rise
The Bucharest bourse opened Thursday almost flat on the day, but the five regional investment funds, or SIFs, were gaining more than 1% on average.
Half Of RASDAQ's 80 Blue-Chips Brought Profit To Investors
Interest in RASDAQ market has plunged this year, amid its uncertain status and after some of its major companies were moved to the main market of the Bucharest Stock Exchange. Nevertheless,...
Last Chance For Romtelecom's Listing
The sale of Romtelecom shares held by the Romanian state to Greek group OTE without listing a stake on the Stock Exchange would be a "huge error", considering that the privatization contract...
Prodplast Imobiliare Considers 10% Stake Buyback If Left On ATS
Prodplast Imobiliare might buy back as much as 10% of its stock if it fails to move, in June, from the alternative trading system of the Sibiu bourse to a regulated market.