Sunday – 3.December 2023
ESTV 221 – Eastern European stock markets are booming, but hardly anyone is involved
The stock markets of Eastern Europe are still being neglected by the Western media. Yet the stock markets of Eastern Europe have repeatedly proved to be clear outperformers compared to German and even American equities. While investors in the USA are concentrating on the "glorious 7 AI stocks" such as Microsoft and Nvidia, the selection of well-performing stocks in Eastern Europe is much larger. Only a few investors have so far taken advantage of the great opportunities on the stock markets of Eastern Europe, which have now also risen to new annual highs. The HTX index of the Budapest Stock Exchange, for example, has already risen by 41% (!) in euros to a new high for the year, with the Warsaw Stock Exchange (38%) rising even more in recent weeks following the opposition's election victory. Shares from Kazakhstan (+37%) are still proving to be a good alternative to non-tradable Russian shares.
