ATHEX: Local bourse heads north for a third day

The Greek stock market remained on a northbound course for the third session in a row on Wednesday, even if that was on rather thin turnover. This time it was bank stocks that pulled the cart out of market stagnation, although mid-caps headed lower.

The Athens Exchange (ATHEX) general index ended at 764.33 points, adding 0.49% to Tuesday's 760.59 points.

The large-cap FTSE 25 index expanded 0.64% to close at 1,823.25 points, while mid-caps contracted 0.14%.

The banks index improved 1.25%, with National rising 2.65% and Eurobank collecting 1.72%. PPC also climbed 1.84%.

In total 58 stocks posted gains, 44 endured losses and 22 remained unchanged.

Turnover amounted to 47.5 million euros, down from Tuesday's €68.9 million.

The market is probably waiting to see what the next few days will bring on the pandemic front, with more restrictions...