Stocks in South East Europe were lower on Thursday as investor sentiment soured, amid global recession worries and aggressive U.S. rate hikes. On the data front, flash estimates of French and German PMI (purchasing managers index) readings for June came in weaker than expected, adding to recession fears. The broader euro zone PMI which combines data from the currency bloc’s service and manufacturing sectors – slumped to 51.9 from 54.8 in May, S&P Global said. Elsewhere, the U.K. budget deficit exceeded the official estimate in May.
1. ATHENS – ATHEX -0.03%
2. BELGRADE – BELEX15 -0.11%
3. BUCHAREST – BET -0.40%
4. ISTANBUL – BIST 100 -1.14%
5. LJUBJLANA – SBITOP 0.44%
6. NICOSIA – CSE GI 0.04%
7. PODGORICA – MNSE 10 -0.82%
8. SARAJEVO – SASX10 -0.33%
9. SKOPJE – MBI 10 0.04%
10. SOFIA – SOFIX -0.88%
11. ZAGREB – CROBEX -0.48%