SEE Indices Closing Daily

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%,

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

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

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

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

South East European stock exchanges closed Friday’s trading session on a mixed note following the release of the economic data on EU’s second-quarter gross domestic product. The bloc’s GDP rose 0.6% in the second quarter of 2022 when compared to the previous three-month period. The figure went up by 0.7% in the eurozone over the same time period. Year over year, GDP

South East European stock markets finished in a mixed fashion on Thursday, as rest of Europe closed higher despite discouraging data. The European Commission revealed that consumer confidence in the eurozone fell in July. Meanwhile, Germany’s Federal Statistical Office reported that annual inflation in eurozone’s largest economy eased in the same month, but still went slightly above analysts’ expectations. In response to