South East Europe’s (SEE) stock markets turned their back on the growth trend observed across most of the eurozone on Friday with Sarajevo leading the losses. Only Bucharest bucked the trend in SEE. Trading on Bucharest Stock Exchange and Multilateral Trading System was up 28% to RON6.36B in Q1, a Financial Supervisory Authority (ASF) analysis of the first quarter of 2022 shows. In Bulgaria, the annual inflation rate surged to 16.9% in June, official data showed.
Standard & Poor’s (S&P) Global Ratings raised its long- and short-term foreign and local currency sovereign credit ratings on Croatia to ‘BBB+/A-2’ from ‘BBB-/A-3’ on Thursday, saying that the country will benefit from upcoming eurozone entry and its economic growth will remain steady. The outlook is stable.
1. ATHENS – ATHEX -0.22%
2. BELGRADE – BELEX15 -0.41%
3. BUCHAREST – BET 0.97%
4. ISTANBUL – BIST 100 Closed
5. LJUBJLANA – SBITOP -0.12%
6. NICOSIA – CSE GI -0.41%
7. PODGORICA – MNSE 10 0.00%
8. SARAJEVO – SASX10 -0.50%
9. SKOPJE – MBI 10 -0.11%
10. SOFIA – SOFIX -0.07%
11. ZAGREB – CROBEX -0.13%