Monthly overview of the markets of Status New Shares and Status Finance – April 2010
11.05.2010
First quarter corporate results did not differ substantially from initial expectations. This reduced growth rates of markets, which saw more extensive increases in the first quarter such as Romania and Turkey. At the same time the Belgrade market which fell behind in the first quarter, overtook the remaining markets in the region in April. During the month the changes in the portfolio of Status New Shares were minimal and mainly aimed at the additional reduction of investments in Bulgaria.
The financial shares were strongly affected by the market tension surrounding the financial health of Greece and the delay of financial help from the eurozone and the IMF. The higher risk perception weighed on the quotations of Greek as well as of other financial companies in the EU. Download as MS Word