Stock
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SIF Transilvania buys 2m-euro Erste shares from Vienna Stock Exchange
Over the last two weeks, SIF Transilvania (SIF3 - financial investment company) has purchased shares worth 2 million euros in the Austrian-based Erste Bank (the majority shareholder of the B...
Stock market slump wipes out unit-linked insurance gains
More than half of investment funds attached to unit-linked insurance started the year in the red as foreign and Bucharest stock exchange decline ate into yields. Practically, 26 of the 42 fu...
Transgaz shares will launch on the Stock Exchange next week
The shares of the national gas transmission operator Transgaz Medias (TGN) are likely to become available for trading on the Bucharest Stock Exchange next Wednesday and replace the Transgaz...
Why is the Stock Exchange going down?
The Stock Exchange shed 1 billion euros of its capitalisation yesterday, given that the blue chips lost almost 4% on the average. About 2.9 billion euros have vanished from the Stock Exchang...
Bleyzer targets floatation on Western stock markets for its companies
American investment fund SigmaBleyzer, which entered the Romanian market last year through the acquisition of dairy producer Covalact, aims to boost the value of its purchased companies with...
Top transactions on Bucharest Stock Exchange in 2007
"Almost everything that was for sale was bought," a broker said as comment on the big transactions conducted on the Stock Exchange in 2007. His statement, although exaggerated on purpose, su...
Stock Exchange poised for 25-30 floatations
The international market liquidity crunch will spur capital raising through floatation on the Bucharest Stock Exchange. The following year will bring a significant number of listings on the...
Stock Exchange drags mutual fund yields down
Corrections on the domestic stock market and the instability of international markets have left deep marks on the yields of mutual funds. Mutual and balanced funds made the heaviest losses o...
Youngest equity funds badly hit by stock market adjustments
The youngest equity funds on the market were also the most exposed to adjustments on the stock exchange over the last few months, with the three open-end investment funds that launched opera...