South East European stocks were mostly higher on Thursday after data showed Germany’s factory orders fell less than feared in June and the Bank of England imposed its biggest rate hike in 27 years. The sixth consecutive increase takes borrowing costs to 1.75%. The Bank issued a dire outlook for economic growth, suggesting that the latest gas price rise has led to another “significant deterioration” in the outlook for activity in the U.K. and the rest of Europe. U.S.-China tensions remained on investors’ radar after China said that it conducted “precision missile strikes” in the Taiwan Strait as part of military exercises that have raised tensions in the region to their highest level in decades.
1. ATHENS – ATHEX -0.31%
2. BELGRADE – BELEX15 0.15%
3. BUCHAREST – BET 0.70%
4. ISTANBUL – BIST 100 1.49%
5. LJUBJLANA – SBITOP 1.01%
6. NICOSIA – CSE GI -0.35%
7. PODGORICA – MNSE 10 0.03%
8. SARAJEVO – SASX10 0.42%
9. SKOPJE – MBI 10 -0.06%
10. SOFIA – SOFIX 1.18%
11. ZAGREB – CROBEX -0.02%
