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A Romanian national fund unlike any other
Financial Times
In addition, the fund has become more transparent and liquid after its listing on the Bucharest stock exchange. Perhaps most significantly, its shares languish at a 60 per cent discount to net asset value, attracting deep value investors.
FP managers estimate that leul will strengthen in 2012ACTmedia

all 2 news articles »


Romania-Insider.com

Romania's Fondul Proprietatea listing in Warsaw, still on track for first half ...
Romania-Insider.com
The US Ambassador to Romania, Mark Gitenstein made his remarks during a conference organized to celebrate Fondul Proprietatea's first year on the Bucharest Stock Exchange. “Despite last year's results proving that foreign investors are interested in ...
US AMBASSADOR MARK H. GITENSTEIN'S REMARKS at Bucharest Stock Exchange for One ...ACTmedia
Romania's Proprietatea Fund plans to sell stakes in natural gas and ...Balkans.com Business News

all 5 news articles »


Romania - Factors to watch on Jan 30
Reuters
Ziarul Financiar, Page 1 HIDROELECTRICA * Shareholders in Romanian state-owned hydro power producer Hidroelectrica approved last week listing shares in the company on the Bucharest stock exchange. Ziarul Financiar, Page 5 * The government approved on ...

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Banca Transilvania's 2011 Profit Rose 35% on New Loans
Bloomberg
Net income increased to 131.9 million lei ($40 million) from 97.5 million lei a year earlier, the Cluj-Napoca Romania- based bank said in a statement sent to the Bucharest Stock Exchange. The cost of bad loans fell 17 percent to 532 million lei ...

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Hidroelectrica Seeks Bids for Stake Sale Manager by March 1
Bloomberg
Hidroelectrica SA, Romania's state- owned hydropower generator, seeks bids from companies interested in managing the sale of a 10 percent stake through an initial public offering on the Bucharest Stock Exchange, according to a statement published ...


ACTmedia

Consortium made of Erste Bank, Goldman Sachs, BCR and Raiffeisen will handle ...
ACTmedia
Consortium made of BRD Groupe Societe Generale, Citigroup Global Markets Ltd, ING Bank NV London Branch, Societe Generale, ING Bank NV Amsterdam- Bucharest Branch. * Consortium made of Unicredit CAIB Securities Romania, Unicredit Bank AG London Branch, ...
Goldman Sachs consortium to intermediate Romgaz listing in RomaniaRomania-Insider.com

all 4 news articles »


Romania-Insider.com

Elliott Associates funds reach 12.9% in Romania's Fondul Proprietatea
Romania-Insider.com
Manchester Securities Corp. and Beresford Energy Corp, both subsidiaries of Elliott Associates investment company have continued to buy shares in Romania's Fondul Proprietatea on the Bucharest Stock Exchange in January, reaching a 12.9 percent ...


New year rings the bell of change at the BSE
Business Review
Banker Lucian Anghel has been appointed the new president of the Bucharest Stock Exchange (BSE), replacing the most prominent figure on the local capital market, Stere Farmache. With several public offerings of state-owned enterprises in the pipeline, ...


Romania-Insider.com

Poll: Expat should run Bucharest Stock Exchange
Romania-Insider.com
Around 40 percent of voters polled by newspaper Ziarul Financiar want an expat to be the new general manager of the Bucharest Stock Exchange (BSE). The shareholders in the BSE recently chose BCR's chief economist Lucian Anghel as president and a new ...


Franklin Templeton: Most EU countries have to apply difficult measures Romania ...
Romania-Insider.com
“These transactions, if successful, should make the Bucharest Stock Exchange (BVB) a very important regional player and enhance easier access to capital for domestic companies,” according to their 2012 forecast. Elections this year may be disruptive to ...

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Budapest bourse doubles quotes on BETa Market

The Budapest Stock Exchange on Wednesday said it added ten new securities to the range of international products quoted on its BETa Market, doubling the offering.

BUX loses 1% on weak US economic data

The Budapest Stock Exchange’s blue-chip BUX index closed Tuesday trade down 0.95% to 18,891.07 as the publication of disappointing US manufacturing and consumer-confidence data weighed on sentiment among BSE investors.

BUX loses 1.1% on Greek debt worries

The Budapest Stock Exchange’s BUX index closed Monday trade down 1.11% to 19,072.77, declining with blue-chip indices throughout Europe as investors worried that the European Union’s debt summit would fail to produce measures necessary to significantly relieve Greece’s debt crisis.

BUX loses 1% as Greek debt concerns weigh on sentiment

The Budapest Stock Exchange’s blue-chip BUX index closed Tuesday trade down 1.00% to 18,660.85 as concerns that the European Central Bank may be compelled to write down its Greek bond holdings in an effort to restructure the country’s debt weighed on sentiment at bourses throughout Europe.

BUX advances 2.6% on sharp OTP gain

The Budapest Stock Exchange’s blue-chip BUX index finished Thursday trade up 2.57% to 19,141.28 as OTP Bank’s gain of over 7% on positive global sentiment stemming from the Federal Reserve’s announcement that it would keep rates at "exceptionally low levels" through 2014 propelled the BSE blue-chip index back above the 19,000 plateau.

BUX advances 0.9% to close above 19,000-point plateau for first time since August

The Budapest Stock Exchange’s BUX index finished Monday trade up 0.89% to 19,018.87 as OTP Bank’s gain of nearly 3.5% lifted the BSE blue-chip index above the 19,000-point closing plateau for the first time since August 8, 2011.

BUX opens up 0.7%

The Budapest Stock Exchange’s blue-chip BUX index opened Tuesday trade up 0.66% at 19,198.82.

BUX opens down 1%

The Budapest Stock Exchange’s blue-chip BUX index opened Monday trade down 0.99% at 19,095.43.

SunGard’s Valdi to Support Trading on BETa, New European MTF

SunGard has extended its Valdi trading solutions suite to provide access to BETa, the European Multilateral Trading Facility (MTF) launched by the Budapest Stock Exchange (BSE) in November 2011 to serve retail investors.London (PRWEB) January 24, 2012 SunGard has extended its Valdi trading solutions suite to provide access to BETa, the European Multilateral Trading Facility (MTF) launched by the ...

BUX advances 1.9% as OTP lifts index to five-month high

The Budapest Stock Exchange’s BUX index finished Thursday trade up 1.93% to 18,500.01 as OTP Bank’s gain of nearly 7% on an improvement in euro-zone sentiment following successful bond auctions in Spain and France lifted the BSE blue-chip index to its highest close since August 17, 2011.





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