Capital Market
Bucharest Stocks Mostly Higher In Early Trade; Volumes Stay Low
Bucharest shares were mostly higher Thursday morning, amid low volumes, with the BET-C composite index advancing 0.4% on the day.
Leu Opens Flat Vs Euro In Quiet Trade
Romania’s leu traded in narrow ranges against the euro Thursday morning, amid a quiet market.
Romvag Sales Dive To RON50M In 2010
Romanian rolling stock maker Romvag Caracal (ROMJ.RO) posted sales of 49.8 million lei (EUR11.8 million) in 2010, compared to RON276.1 million in 2009, according to financial results publish...
Ameropa Grains Swings To RON7.8M Profit In ‘10
Grains wholesaler Ameropa Grains Constanta (CCRL.RO), former Comcereal, switched to a net profit of 7.78 million lei (EUR1.9 million) in 2010, from a loss of RON7.3 million in 2009, accordin...
Agrana Romania Posts RON19.3M Loss In ’10, Despite Higher Sales
Sugar maker Agrana Romania (BETA.RO) on Wednesday reported a loss of 19.3 million lei (EUR4.7 million) in 2010, compared to a loss of RON1.7 million the year before.
Leu Recovers Early Loss Vs Euro, Ends Flat On Day
The Romanian leu closed flat against the euro Wednesday at around 4.1055/4.1075 units, recovering in the second half of the session the ground lost in early trade.
Bucharest Shares Close Up, After 3-Day Downward Streak
The Bucharest bourse closed Wednesday with a slight increase, after session-long oscillation and three days of decline, on a lower traded value.
Romania Sells EUR939M In 3-Year Bonds At 4.9% Average Yield
Romania’s Finance Ministry on Wednesday sold a more-than-planned EUR939 million in three-year bonds at an average yield of 4.89%, slightly higher than at the previous auction in November 201...
Leu Widens Loss Vs Euro, Exchange Rate At 4.1127
Romania’s leu extended early losses against the euro in mid trade Wednesday and the central bank’s reference weakened to 4.1127 units, from 4.1073 units a day earlier.