SOFIX is Region's Least Declining Index Last Week
The SOFIX blue-chip index of the Bulgarian Stock Exchange (BSE) is the least declining index in Eastern Europe last week. The index slipped by 1.19% to 1,025.54 points in the period August 18-22, data of Karoll shows.
Serbia's BELEX15 also declined by less than 2% over the past week. The index skidded 1.57% lower to 1,422.75 points.
The third less declining index is Turkey's ISE-100. The index shed 3.08% to 40,894.27 points last week.
Ukraine's PFTS index was the biggest decliner among the Eastern European indexes. The PFTS declined by 7.61% to 592.42 points last week.
Russia's MICEX index slipped by 5.86% to 1,374.69 points, while the MSCI EE index dropped by 5.6% to 532.84 points).
See the table for more details on the weekly performance of 10 regional indexes:
Source: Karoll
The SOFIX has lost 41.99% in 2008 and the the fourth biggest decliner in the region this year. The top three losers are Romania's BET (-42.12%), Montenegro's NEX20 (-46.97%) and Ukraine's PFTS (-49.54%).
Turkey's ISE-100 has lost 26.37% since the start of the year, while the MSCI EE and Russia's MICEX have declined by 26.56% and 27.22% so far.
See the table for more details on the performance of of the 10 regional indexes this year:
Source: Karoll
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