SEE Markets Indices Closing Daily – Wednesday 20/07/2022

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Equities in South East Europe closed mostly in the green on Wednesday, bucking the trend across the rest of Europe where major markets snapped a three-day winning streak and closed lower as the mood turned cautious ahead of the European Central Bank’s policy announcement, due on Thursday. The European Commission loosened state aid rules for renewable energy and proposed a gas demand reduction plan to prepare the European Union for Russian supply cuts during winter, a cut-off that could decrease the average European GDP by up to 1.5%. Besides, the EU approved the 7th package of sanctions, while the EU’s executive arm published that consumer confidence in the euro area dropped in July.


1. ATHENS – ATHEX 1.14%
2. BELGRADE – BELEX15 -0.30%
3. BUCHAREST – BET 0.15%
4. ISTANBUL – BIST 100 0.93%
5. LJUBJLANA – SBITOP 0.18%
6. NICOSIA – CSE GI 0.39%
7. PODGORICA – MNSE 10 0.00%
8. SARAJEVO – SASX10 -0.27%
9. SKOPJE – MBI 10 -0.11%
10. SOFIA – SOFIX 1.16%
11. ZAGREB – CROBEX 0.67%