Stocks in South East Europe turned in a mixed performance on Wednesday following an unscheduled meeting of the European Central Bank’s Governing Council on its anti-inflationary policy. The ECB’s Governing Council held a rare, unscheduled meeting on Wednesday to discuss the turmoil in bond markets, which lifted the euro versus the dollar. Policymakers announced plans to create a new tool to tackle the risk of fragmentation across the common currency bloc in order to assuage fears of a fresh debt crisis. Investors also felt jittery ahead of a rate decision by the U.S. Federal Reserve later in the day. The US central bank is expected to raise interest rates by at least 50 bps. It comes after the U.S. consumer price index rose by an annual 8.6% in May, its highest year-on-year increase since 1981.
1. ATHENS – ATHEX 1.96%
2. BELGRADE – BELEX15 -0.19%
3. BUCHAREST – BET 0.09%
4. ISTANBUL – BIST 100 0.88%
5. LJUBJLANA – SBITOP -0.12%
6. NICOSIA – CSE GI 1.53%
7. PODGORICA – MNSE 10 2.50%
8. SARAJEVO – SASX10 -0.35%
9. SKOPJE – MBI 10 -0.58%
10. SOFIA – SOFIX 0.05%
11. ZAGREB – CROBEX -0.33%