Greek securities are set to attract more attention
Investor expectations for a change of government in Athens and the consolidation of a stable financial and tax environment has activated funds toward Greek stocks and bonds in the last few weeks. The question is whether this strong rally can continue and attract quality investors.
According to analysts, although profit-taking cannot be ruled out due to the speed of the rise in stock and bond prices, the market's prospects are particularly positive in general, as developments are expected to keep investment interest at a high level.
Jens Peter Sorensen, chief analyst at Danske Bank, tells Kathimerini his company is long on Greek bonds as in the rest of the euro periphery. He adds that New Democracy's outright victory is likely to trigger even better yields for Greek bonds, even if that had already been priced in to an extent.
Beta Securities' analysis department...