Stock markets in South East Europe closed mostly higher on Monday in line with rest of Europe after Turkish Defense Minister Hulusi Akar announced that an initial deal on the export of grain from Ukraine has been reached “in principle.” Later, European Commission President Ursula von der Leyen stated the European Union has agreed with Baku to double its imports of gas from Azerbaijan. Meanwhile, Berlin-based Scope Ratings raised its 2022 economic growth forecast for EU members in CEE-11 including Bulgaria, Croatia, Romania and Slovenia. The economic output of those countries is expected to grow by 3.3% in 2023. The positive session in Europe comes amid more buoyant global sentiment.
1. ATHENS – ATHEX 1.21%
2. BELGRADE – BELEX15 -1.08%
3. BUCHAREST – BET 0.65%
4. ISTANBUL – BIST 100 2.89%
5. LJUBJLANA – SBITOP -0.09%
6. NICOSIA – CSE GI -0.36%
7. PODGORICA – MNSE 10 1.38%
8. SARAJEVO – SASX10 0.93%
9. SKOPJE – MBI 10 0.92%
10. SOFIA – SOFIX 0.08%
11. ZAGREB – CROBEX 0.37%