Concerns about growth fuel risk aversion in SEE markets

South East European assets declined this week with Slovenia leading the losses in the region. Athens bucked the trend supported by positive corporate results. Concerns about inflation, tightening monetary policy, and the economic outlook remain. The European Bank for Reconstruction and Development (EBRD) is predicting a greater economic slowdown and more inflationary pressure in its regions as a result of the war on Ukraine. Hover over a

READ MORE

Stocks in SEE lose ground on weak global cues

Most of the major benchmarks in South East Europe endured a week of losses as interest rate and inflation worries continued to weigh on sentiment. The Ukraine conflict added to the uncertainty. And the countries of the Western Balkans region are facing a new range of economic challenges, despite a better-than-expected rebound from the recession caused by the COVID-19, says the latest

READ MORE

SEE equities flat as data call for caution

The major indices in South East Europe ended mixed over a holiday-shortened week with many markets closed on Friday, in line with most European bourses in observance of Catholic Good Friday. The economic growth of the 11 EU member states from Central and Eastern Europe (CEE-11) will slow down to between 2% and 3% on average in 2022, Berlin-based Scope Ratings said

READ MORE

SEE markets end a volatile week of trading mixed

Equities in South East Europe turned in a mixed performance this week with the past five trading days having been marked by volatility. Investors took in stride a new round of sanctions against Russia,  including a landmark embargo on Russian coal imports. Traders also reacted to European inflation data as the European Central Bank minutes showed that patience in dealing with inflation

READ MORE

SEE stocks remain upbeat despite disappointing data

Shares in South East Europe gained ground this week, overcoming concerns about the macroeconomic outlook amid strong inflation and the ongoing war between Russia and Ukraine. However, the war will have a severe effect on economies far beyond the immediate area of the conflict, according to new research from the European Bank for Reconstruction and Development (EBRD). For the entire Western Balkans,

READ MORE

SEE markets show resilience despite little improvement in the geopolitical situation

Major South East European benchmarks ended mostly higher this week. However  developments in Ukraine remained on investors’ radar. NATO, G7 and European summits continued to discuss new sanctions against Russia and Moscow’s market partially reopened following a February 28 shutdown. NATO secretary-general Jens Stoltenberg pledged more troops for Hungary, Slovakia, Bulgaria and Romania. Concerns about growth due to imminent monetary tightening by

READ MORE
1 2 3