Government and Stock Exchange investors fight over FP price -
 Home Page  | News  | Exchange Rates  | Interbank Rates  | Central Banks  | Capital Markets Authorities  | Romanian Banks  | Archive  | Romanian  
 Finance-Banks  | Economy  | Business  | Capital Markets  | Real Estate  | Cars  | Travel  | HR Careers Education  | Media  | IT & C  | Environment 

News » May, 2011 » 12 May 2011

Government and Stock Exchange investors fight over FP price
12.05.2011, 23:38 | Capital Markets | 1260 views

Fondul Proprietatea (Property Fund - FP.RO) shares lost 6.5% in the beginning of yesterday's session, after the ex dividend day, but gained back 4% towards the end, amid unofficial information that the Government would not start to make compensation payments yet.

Who will hold out more in this war of nerves?

The fund's shares suffered the biggest decline since floatation at the beginning of yesterday's session, losing 6.5%, and falling below the 0.5-lei threshold for the first time, after the last day when shares bore dividends passed. The fund therefore lost nearly RON500 million (EUR120 million) of its value in just a few minutes.


Latest news in category Capital Markets

Romania must develop stronger and more liquid financial markets to support economic growth, World Bank experts said told a conference on capital markets, which was held in Bucharest. read more...

02.11.2013, ora 09:07 | 1100 vizualizări
Retail investors have allocated 937 million euros for Romgaz offer
Retail investors submitted orders in value of 4.152 billion lei ( over 937 million euros) following Romgaz public offer, on this side the offer being oversubscribed by nearly 15 times over, representatives of some brokerage houses told. read more...

17.09.2013, ora 00:00 | 1200 vizualizări
Sources: Alin Tatu has sold his stake in SIF Banat Crişana
According to some market sources, businessman Alin Tatu yesterday sold his 5% stake in SIF1 Banat Crişana, in a trade on the "Deal" tier of the market, following a spectacular hike on the quotations of the market. read more...

Subscribe to newsletter
News: Yes  No 
Exchange Rates: Yes  No 

Top news last 7 days

Publicitate pe acest site
Copyright 1999-2023 Pandora Impex SRL.