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Capital Market

Bucharest Shares Open Down, Eyes On Financials

The Bucharest bourse opened Monday in the red, continuing the downward trend seen throughout the entire previous session, with investors focusing on the financial stocks.

Andrei Cîrchelan · 12.07.2011 · 11:01 · 1 min
Capital Market

Bucharest Shares Close Down, Proprietatea Fund In Focus

The Bucharest bourse closed Monday clearly below par, after a session-long downward trend influenced by delcines on the international markets, while the bulk of activity targeted investment...

Andrei Cîrchelan · 11.07.2011 · 17:41 · 1 min
Capital Market

Bucharest Shares Open Down On Reduced Interest

Bucharest-listed shares were down in early trade Monday, following the negative trend on the international markets, but the traded values were lower than the past sessions' average.

Bogdan Neagu · 11.07.2011 · 11:24 · 1 min
Capital Market

Bucharest Shares Close Down, On Final Lap Decline

The Bucharest bourse closed Friday in the red, after staying above par throughout most of the session and falling in the end-game, with liquidity driven by Fondul Proprietatea (FP.RO) and de...

Andrei Cîrchelan · 08.07.2011 · 17:26 · 1 min
Capital Market

Bucharest Stocks Open Up, Eyes On Petrom

Bucharest shares opened higher Friday, with top oil company OMV Petrom (SNP.RO) gaining momentum ahead of a much-anticipated secondary offering due July 11.

Florentina Dragu · 08.07.2011 · 11:25 · 1 min
Whoever Pays EUR610M First Can Get 9.8% In Petrom
Capital Market

Whoever Pays EUR610M First Can Get 9.8% In Petrom

The government chose to sell the 9.84% in Petrom (SNP.RO) using a novel approach for the Romanian capital market: an auction starting from a maximum price of 0.46 lei (EUR0.11) per share wit...

Andrei Chirileasa · 08.07.2011 · 00:00 · 2 min
Capital Market

Bucharest Shares Close Slightly Up, On Moderate Trading

The Bucharest bourse closed Thursday with a slight increase, on moderate turnover, dominated, as usual, by Fondul Proprietatea (FP.RO) trades.

Andrei Cîrchelan · 07.07.2011 · 17:34 · 1 min
Capital Market

Bucharest Shares Inch Up, Trading Slumps

The Bucharest bourse opened Thursday with a slight increase, although activity was reduced in the market, focused mainly on shares of oil company OMV Petrom (SNP.RO), after the announcement...

Andrei Cîrchelan · 07.07.2011 · 11:13 · 1 min
Fondul Proprietatea Goes To Warsaw In Search Of A Better Price
Capital Market

Fondul Proprietatea Goes To Warsaw In Search Of A Better Price

Franklin Templeton, the manager of the EUR4 billion assets of Fondul Proprietatea (FP.RO), has decided to take the fund to the Warsaw Stock Exchange because that is where the money is, so th...

Roxana Pricop · 07.07.2011 · 00:00 · 1 min