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BRD Stake Sold On Bucharest Deal Market For RON14.2M
A 0.14% stake in Romanian lender BRD-Groupe Societe Generale (BRD.RO) Friday was sold on the deal market of the Bucharest Stock Exchange, for 14.2 million lei (EUR3.4 million).
Bucharest Bourse To Extend Trading Schedule By 15 Minutes
The Bucharest bourse will extend the trading schedule by 15 minutes, until 16:30 local time, starting July 15, enabling investors to react to developments on US markets.
Shares That Surged Over 40% Over The Past Few Days Run Out Of Steam
The shares of Oltchim (OLT.RO), Rompetrol Rafinare (RRC..RO) and three other oil companies, which grew between 40% and 130% from the beginning of June until mid-session yesterday, closed the...
BVB Valuation One Year From Listing, Close To LinkedIn's
Shares on the Bucharest Stock Exchange (BVB) soared by more than 60% in the first year of trading, over three times more than the main index, revealing the very high expectations investors h...
Top Stock Exchange Yields In First Five Months
The chemical companies and exporters generated the highest yields for stock exchange investors in the first months of the year. Dividends also lifted the shareholders’ profits.
Proprietatea Fund: Romania’s Biggest Privatization At 50% Discount
The reduction of the Romanian state’s stake in Fondul Proprietatea (FP.RO) to less than 33% transfers control over the investment fund’s EUR4 billion assets into the hands of private investo...
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...
Fondul Proprietatea Shares Slid Below RON0.5. What's Next?
Shares of Fondul Proprietatea (FP.RO) traded below the 0.5 lei (EUR0.12) level almost the entire Tuesday trading session, hitting a new all-time low, of RON0.4975.
Romania Might Need Other EUR4B For Proprietatea Fund Compensations
The price at which Fondul Proprietatea (FP.RO) shares are traded on the bourse, almost halved from the face value of RON1, is forcing the Romanian government to add another EUR4 billion to c...