Capital Market
Bucharest Shares Open Down, SIFs Shed More Than 2%
The Bucharest-listed shares were down in early trade Monday, following the international markets that were on a downward path, after ratings agency Standard & Poor's said it has downgraded I...
Leu Opens Down Vs Euro, Attuned To Region
Romania’s leu opened lower against the euro Monday, tracking the currencies in the region, which started to retreat after Standard & Poor’s downgraded Italy’s rating outlook to negative on w...
BVB Investors: Government Must Fight To List Romtelecom
The listing of Romanian state's stake in Romtelecom, a business that could bring EUR1 billion to the Bucharest Stock Exchange (BVB), is blocked by the provisions of the privatization contrac...
Bucharest Bourse Extends Trading Hours By 15 Minutes
The management of the Bucharest Stock Exchange (BVB) has decided to extend the trading hours by fifteen minutes, from 4:30 PM to 4:45 PM local time to allow investors to react to the trends...
Promises of EUR2B Public Offerings In Next Two Years. How Many Will Materialize?
Under IMF pressure, the Economy Ministry is making further promises and says it is going to float stakes of 15% in Hidroelectrica and Nuclearelectrica each next year. However, the experience...
Erste Lists 3 Knock-out Certificates In Bucharest May 24
Erste Group Bank AG (EBS.RO) will list three knock-out (turbo) certificates on the Bucharest stock exchange May 24, the market operator said in a statement Friday.
Leu Weakens Vs Euro Amid Low Volumes
Romania’s leu lost early gains versus the euro in late trade Friday and closed slightly weaker on the day, amid low volumes.
Bucharest Shares Inch Up After Eventless Session
The Bucharest bourse closed Friday with a slight increase, while activity in the market narrowed drastically.
Raiffeisen Cuts BRD To Hold From Buy, Target Price Reduced To RON16.6
Romanian bank BRD-Groupe Societe Generale (BRD.RO) was downgraded to hold from buy at Raiffeisen Zentralbank Osterreich, following a slower than expected decline in risk costs, the Austrian...