Mixed Performance by SEE’s Blue-Chip Indices 25Apr

Published by Valentin Stamov in Blog | Tagged , , , , , , , , ,

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Most of the blue-chip indices in Southeast Europe (SEE) recorded two week average rise in the period Apr 11 – 22, 2016, compared to Mar 28 – Apr 4, 2016. However, Istanbul Stock Exchange’s (ISE) BIST 100 index was the only one to achieve a significant growth. Its two-week average value went up by 3.74%, while Zagreb Stock Exchange’s (ZSE) CROBEX and BELEX15, the blue chip index of the Belgrade Stock Exchange (BELEX) registered a two-week average increase of less than 1.00%.

BIST 100’s average value in Apr 11 – 22 was 85,441 points in comparison to 82,364 points in Mar 28 – Apr 4. The index is constantly growing since the beginning of the year when it posted its lowest value in the period Apr 22, 2015 – Apr 22, 2016.

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Zagreb Stock Exchange’s (ZSE) CROBEX had a two-week average rise of 0.73%. Similar to the trend of BIST 100, CROBEX recorded its lowest value in Apr 22, 2015 – Apr 22, 2016 in January 2016, followed by a recovery period.

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BELEX15 inched up by 0.28% in Apr 11 – 22, 2016 versus the preceding two weeks. The index is experiencing a slow recovery since the end of 2015 and the beginning of 2016 when it dropped to 576.52 points.

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Bucharest Stock Exchange (BVB)’s blue-chip index BET is in a downtrend with a two-week average decline of 1.07%. The index’s average value was 6,648 points in Apr 11 – 22, 2016, down by 10.7% compared to the same period a year ago.

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Bulgarian Stock Exchange’s (BSE) SOFIX blue-chip index continues to sink, registering a two-week average drop of 1.71%. Its two-week average value in Apr 11 – 22, 2016 was 436.58 points, down from 503.59 points a year earlier.

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