It seems that investors enjoy bourse trading in the summer period as all of the major blue-chip indices in Southeast Europe registered a two-week average growth in the period Aug 8 – 19 compared to Jul 25 – Aug 5.
Istanbul Stock Exchange’s (ISE) BIST 100 blue-chip index overcame the stagnation caused by the tense political situation in the country and posted the highest two-week average growth, of 3.87%. BIST 100’s average value in Aug 8 – 19, of 78,197 points, was higher even compared to a year earlier, when it stood at 77,246.
The uptrend of Bucharest Stock Exchange (BVB)’s BET blue-chip index accelerated to an average two-week rise of 2.35% versus 1.53% in the previous report. However, BET’s closing value on Friday was 6,908 points, 7.52% less than a year ago.
Zagreb Stock Exchange’s (ZSE) CROBEX posted a fourth consecutive two-week average increase, of 1.21%. CROBEX ended the two-week period at 1,793 points, its one-year peak. For comparison, the bottom was 1,576 points, registered in January.
The other major SEE blue-chip indices enjoyed weaker growths – Bulgarian Stock Exchange’s SOFIX rose by 0.87% but its two-week average value, of 461.51 points, was smaller than the 470.87 points, recorded in the same period of the previous year.
SBITOP, the Ljubljana Stock Exchange (LJSE) blue-chip index, experienced a two-week average increase of 0.62%. SBITOP’s value is strongly fluctuating but an overall uptrend is evident.
BELEX15, the blue chip index of the Belgrade Stock Exchange (BELEX), finished last in terms of two-week average rise with just 0.10%. The unimpressive growth was affected by the large margin between its min and max values – 619 points and 639 points, respectively.