BNR Exchange Rates
16.05.2012- 1 EUR
4.4463 RON - 1 USD 3.4987 RON
- 1 CHF 3.7020 RON
- 1 GBP 5.5669 RON
- 1 gr. aur
172.7896 RON
Romanian stocks slump today responding to shock on foreign markets after U.S. lender went bankruptUpdated: 16-09-2008 |
Romanian stocks listed at the Bucharest Stock Exchange (BSE) lost today more than 3.5 percent on average, affected by the announcement that the American lender Lehman Brothers started bankruptcy procedures, brokers said.
Liquidity reduced to 15.71 million lei after 45.7 million lei yesterday at closing, spurred only by the initial public offering with municipality bonds issued by the Bacau town hall.
The Romanian market correlated to the evolution of international markets which plunged under the effect of negative news from the U.S., broker with Broker Cluj, Darie Moldovan, told NewsIn.
The BET index pointing to the evolution of the ten best companies on the market lost 4.24 percent to 4,823.21 and the BET-C composite index measuring all listed shares minus financial companies slipped 3.67 percent to 3,645.46.
The BET-FI index of the five financial companies known as SIF decreased 5.14 percent to 30,191.29 and the ROTX index for trading blue chips in Vienna slipped 4.02 percent to 11,635.96.
"The BET-FI index seemed to be approaching the psychological threshold of 30,000 points, but investors strengthened it when it fell below this level," Moldovan said.
The BET-XT index of the 25 most liquid companies on BSE plummeted 4.28 percent to 515.68 and the BET-NG index of the ten power companies on the bourse fell 4.81 percent to 682.23.
NewsIn
Latest News:
- Call for Entries for Deloitte Central Europe Technology Fast 50 2012
- Millennium Bank offers term deposits with monthly interest payment
- Deloitte European Salary Survey: Sweden, Belgium and the Netherlands, at the top of the pyramid of the tax systems
- Citibank Romania Announces New Partnerships Extending its ATM and Repayment Network by 500 Locations Countrywide
- NBR delivers a silver coin dedicated to Sergiu Celibidache – 100 years since his birth.
- MILLENNIUM BCP NAMED BEST BANK IN PORTUGAL FOR SECOND STRAIGHT YEAR BY EMEA FINANCE
- PwC Romania awarded by the Babes-Bolyai University
- COSMOTE Romania launches a new advertising campaign promoting its Business Portfolio
- On April, National Bank of Romania's foreign exchange reserves stood at EUR 34,336 million
- BCR achieves solid quarterly operating result despite economic slowdown
- The National Bank keeps unchanged the monetary rate
- Tomas Spurny begins mandate as BCR CEO
- PIC reorganization plan approved by creditors and confirmed by the syndic judge
- Upgrading water supply network in Romania's Mures county €15.9 million loan to S.C. Compania Aquaserv S.A.
- COSMOTE Romania introduces the online payment service
Most Popular News
- Three billion euros to be invested in energy private-public partnerships
- Romanian state plans to keep 8 pct of Petrom, at least
- IMF mission extends stay in Romania till May 9
- IMF, FinMin Vladescu discuss Government revenues collection
- Videanu admits that he is in conflict of interests in connection to Marmosim
- Greece gets 110 billion euros, biggest bailout in history
- BNR governor Mugur Isarescu: Situation is quite complicated
- Romanian-German meeting on fresh cooperation opportunities
- Gov't to earmark 6.4pc of GDP for investment
- FinMin Vladescu: Cutting 25pc off public wages pool will not generate needed savings
