Athinon Avenue returned to its rising course on Tuesday, with the benchmark climbing to a new 15-week high, on the verge of 1,300 points.
STOCKS
Mytilineos Energy & Metals continues to record top performances and will be included for a second consecutive year in the Dow Jones Sustainability Index Emerging Markets (“DJSI”), effective as of Monday.
The first day of the last week before Christmas started at the Greek stock market with a mixed session.
The targeted profit-taking, the December “triple witching” and the FTSE index rebalancing led to a significant increase in turnover on Friday, which appears to be the exception in a significantly quiet month.
The benchmark of the Greek stock market on Thursday built on the gains recorded in previous sessions to rise to another 14-week high, very close to the 1,300-point level, that it temporarily surmounted.
The Greek stock market on Wednesday repeated its ascent of Tuesday, climbing to yet another 14-week high based on the second consecutive day of advance by banks.
Bank stocks gave the main index of the Greek stock market the boost it needed to rise to a new three-month high on Tuesday, on improved turnover too.
Traders at the Greek stock market stayed on the same path of caution they have been on throughout December to date, with reduced action at Athinon Avenue and a mixed picture for stock prices on Monday.
The Helleniq Energy placement dominated proceedings at the Greek stock market on Friday.
The benchmark of the market remained practically unchanged and banks suffered renewed pressure.
Mid-caps proved quite the attraction at the Greek stock market on Wednesday, taking the benchmark out of the red and into the black, with the vast majority of stocks ending up with gains on the day.
December appears to have started in a relatively slow mode for the Greek stock market.
he Greek stock market had largely taken for granted the credit rating upgrade by Fitch Ratings last Friday, so on Monday it showed a mixed picture as the losers narrowly outnumbered the gainers.
The Greek stock market entered December recording a new three-month high for its benchmark on Friday.
November proved to be a very profitable month for the Greek stock market.
The main index of the Greek stock market rose to highs unseen since September 6 on Wednesday, on the combination of the end-of-year window dressing for many investors and the prospect of a possible credit rating upgrade for Greece by Fitch on Friday.
[nx_login_form]x
