Eastern Europe's stock markets are booming despite geopolitical dangers: The best investment opportunities in Eastern Europe and Russia
According to a report from www.business-on.de, world stock markets rose sharply last week despite high geopolitical dangers. This is due to the sharp fall in US inflation rates and the possible continuation of the US Federal Reserve's interest rate pause. The stock markets of Eastern Europe have performed particularly positively, with the Vienna Stock Exchange's CECE index hitting a new annual high and gains of 33 percent since the beginning of the year. The Nasdaq Composite Index and stocks from Southeastern Europe and the Baltics also posted strong gains. The opportunities in Eastern Europe are particularly interesting, where shares on the Budapest Stock Exchange are up 41 percent, followed by the Warsaw Stock Exchange with an increase of 38...

Eastern Europe's stock markets are booming despite geopolitical dangers: The best investment opportunities in Eastern Europe and Russia
According to a report by www.business-on.de, the world stock markets rose sharply last week despite high geopolitical dangers. This is due to the sharp fall in US inflation rates and the possible continuation of the US Federal Reserve's interest rate pause.
The stock markets of Eastern Europe have performed particularly positively, with the Vienna Stock Exchange's CECE index hitting a new annual high and gains of 33 percent since the beginning of the year. The Nasdaq Composite Index and stocks from Southeastern Europe and the Baltics also posted strong gains.
The opportunities are particularly interesting in Eastern Europe, where shares on the Budapest Stock Exchange are up 41 percent, followed by the Warsaw Stock Exchange with an increase of 38 percent and the Prague Stock Exchange with an increase of 16.5 percent. Likewise, stocks from southeastern Europe and the Baltics have posted gains, with bond purchases in Hungary and Poland generating additional currency gains due to the strong local currency.
Russian ADR/GDR, which are not tradable on Western exchanges, offer risk-tolerant investors low “bargain prices” in the OTC market.
Gold prices rose to a new yearly high while oil stocks fell on demand concerns due to an expected recession in the United States and weak demand from China.
Overall, there are numerous attractive opportunities for investors in Eastern Europe, particularly in Hungary, Poland, the Czech Republic, Southeastern Europe and the Baltics. It is advisable to take advantage of the opportunities in these markets, which are often neglected by Western media. Acquiring shares can therefore be very beneficial, especially when combined with currency gains.
Read the source article at www.business-on.de