ATHEX: Stocks bounce back on news about progress in review talks

Reports of a near-agreement between Athens and its creditors in Brussels on the majority of issues found at least a few investors in the Greek stock market willing to give them the benefit of the doubt on Monday. The benchmark posted a moderate rise, albeit on low trading volume.

The Athens Exchange (ATHEX) general index closed at 646.57 points, adding 1.72 percent to Friday's 635.66 points. The large-cap FTSE 25 index rose 1.45 percent to 1,722.42 points.

The banks index bounced back from last Friday's four-month low, advancing 5.34 percent, as Piraeus Bank (up 7.33 percent), National (6.10 percent), Eurobank (4.80 percent) and Alpha (4.40 percent) outperformed.

Public Power Corporation climbed 4.18 percent while Coca-Cola HBC declined 0.89 percent.

In total 66 stocks reported gains, 32 took losses and 33 closed unchanged.

Turnover amounted to 31.5...