Eastern European equities end: Significant losses due to corona worries
Eastern Europe on a globe (symbolic image). © Juanmonino / E + / Getty Images
PRAGUE / BUDAPEST / WARSAW (dpa-AFX) – The most important stock exchanges in Central and Eastern Europe closed weakly on Friday. At the end of the week, negative international investor sentiment had a negative effect due to the rapidly increasing number of new infections with the coronavirus in some countries. Investors fear negative effects on economic development from the planned or already fixed restriction measures.
Clear taxes were also recorded in Warsaw. The leading Polish index Wig-20
Financial stocks fell noticeably. The papers of the insurance company PZU sagged by 4.5 percent. The shareholders of PKO Bank had to book a discount of 2.6 percent.
The Moscow stock exchange had to post a clear minus. The Russian RTS index
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