Updated: Mar 7, 2019
During the week of February 17th, the general trend was mixed for the Central European stock indices. The Polish WIG and Slovakian SAX showed a slight increase of only 1%. The Czech PX, Romanian BET, Hungarian BUX all remained about the same, with some fluctuation.
Compared to their 3-month rolling averages and +/- 1 standard deviation, the Slovakian SAX rose above their historical high bound (1 standard deviation above the average). The Czech PX, Hungarian BUX and Polish WIG stayed relatively close to their historical high bound throughout the entire week. Finally, after weeks of a return to normal levels (see Romania’s BET in yellow in the “Previous Week Index” chart), the Romanian market rose very close to the historical average.
Over the next week there are a few markets to continue watching. First, the Slovakian SAX, this is the second week in a row where it has ended about its historical high bound. Will the Slovakian SAX continue rising above its high bound? Will the Romanian BET continue its upward trend returning to its historical average or pass it? Will the Polish WIG continue the trend of staying close to the historical high bound? Is the continued growth of Romanian companies in Slovakia the reason for the increase in both their stocks?