Stocks in South East Europe were mixed on Tuesday, mirroring the trend across Europe, with investors closely tracking the updates on the geopolitical front and reacting to economic data as fresh sanctions on Russia loomed. On the monetary policy front, the National Bank of Romania raised its benchmark interest rate by 50 bps to 3%, matching expectations and raising interest rate for the third consecutive time in a row amid surging inflation. The bank said that the annual inflation rate is expected to rise sharply in the coming months than expected in February, due to the impact of supply-side shocks.
1. ATHENS – ATHEX -0.09%
2. BELGRADE – BELEX15 -0.12%
3. BUCHAREST – BET 0.01%
4. ISTANBUL – BIST 100 0.64%
5. LJUBJLANA – SBITOP 0.08%
6. NICOSIA – CSE GI 0.57%
7. PODGORICA – MNSE 10 0.00%
8. SARAJEVO – SASX10 -2.50%
9. SKOPJE – MBI 10 0.51%
10. SOFIA – SOFIX -0.03%
11. ZAGREB – CROBEX 0.53%