SEE Markets Indices Closing Daily – Friday 05/08/2022

South East European markets headed into the weekend higher with Istanbul leading the gains. Athens bucked the trend with the ATHEX Composite index plunging 2.11%. In Greece, no more than 50,000 local enterprises are thought creditworthy by domestic lenders,  Kathimerini reported citing bank executives. In Romania, the central bank raised its benchmark interest rate to 5.50% from the current rate of 4.75%,

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SEE Markets Indices Closing Daily – Wednesday 03/08/2022

Equities in South East Europe closed with gains on Wednesday despite concerns about escalating conflict between China and the United States over U.S. House Speaker Nancy Pelosi’s trip to Taiwan. Investors shrugged off the latest survey results suggesting that Eurozone business activity contracted in July amid a downturn in the manufacturing sector and slowing in the service economy as well as data

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SEE Markets Indices Closing Daily – Tuesday 02/08/2022

South East European stocks ended Tuesday’s session mostly in the red territory as investors observed the visit made today by United States House Speaker Nancy Pelosi to Taiwan despite China’s warnings not to do so. Chinese foreign ministry spokesman Zhao Lijian said that Pelosi’s visit would lead to “very serious developments and consequences”. The White House has warned China against turning her

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SEE Markets Indices Closing Daily – Monday 01/08/2022

South East European stocks began the new month on an upbeat note with Istanbul leading the gains. In Bulgaria,  the president called snap elections for October 2 and appointed caretaker government. On the data front, euro zone manufacturing activity contracted in July, S&P Global’s final manufacturing PMI (purchasing managers’ index) revealed on Monday, deepening fears that the bloc could be sliding into

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