Stock Exchange
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Stock Exchange signals long-term rebound: BET index exceeds 200-day average
The BET index (of the top 10 companies on the Bucharest Stock Exchange) has exceeded its moving average of the last 200 sessions, this being traditionally a sign of a trend change, say exper...
Boboc, Allianz Pensii: In five years, pension funds could buy the entire Stock Exchange
Mandatory and voluntary private pension funds could have the ability to absorb all shares traded on the Stock Exchange in the next five years if they invested in them 20% of their assets, sa...
KO at Broker Cluj: Capital market regulator bans Petru Prunea from Stock Exchange
Petru Prunea and Adrian Ceuca, the two managers of Broker Cluj (BRK), one of the largest brokerage companies on the Stock Exchange, have been banned by the National Securities Commission fro...
Banks and SIFs drive the Stock Exchange down by 5%
The Bucharest Stock Exchange yesterday had one of its worst sessions since the beginning of the year, with a 5% fall of the BET index.
Companies listed on Stock Exchange are first to reveal effects of RON depreciation
Over 80% of the 44 companies on the Stock Exchange that have so far reported their preliminary 2008 results posted losses as a result of the depreciation of the RON and of the more expensive...
80,000 investors idle on Stock Exchange
Only 6,000 of the 92,000 accounts registered with brokerage firms at the end of last year recorded Stock Exchange purchases in January, while shares were sold from 6,700 accounts.
Number of foreign investors on the Stock Exchange up 25% in 2008
The number of non-resident investors owning shares in Romanian companies rose by 25% in 2008, from 4,000 to more than 5,000, according to statistical data published by the Central Depositary...
Insurers lose 241m euros on Stock Exchange in 2008
The four insurers listed on the Bucharest Stock Exchange (BSE), Agras, Asirom, Ardaf and Astra, lost over 240 million euros of their stock market capitalisation last year, three times more t...
Flamingo is now worth as little as three of its stores
The stock market value of IT&C and home appliances retailer Flamingo International (stock symbol FLA) declined 94% in the past year, from 75 million euros to 4.8 million euros, due to the ge...