CCHBC

Coca-Cola HBC and National Bank suffered significant losses in Monday's bourse session at Athinon Avenue, which saw its benchmark begin the election week with a drop that is incongruous with the wait-and-see attitude usually adopted by investors during such periods.

The Greek stock market reopened on Tuesday after its first four-day break this April with a massive drop for Public Power Corporation that weighed heavily on both the benchmark and the majority of local stocks. The main index fell despite the gains registered by Piraeus Bank and Coca-Cola HBC.

The significant declines recorded by most stocks on the Athens Exchange (ATHEX) on Friday wiped out all the benchmark gains recorded during the week, as sellers returned in the afternoon of July's triple witching day. Banks led the slide, while Coca-Cola HBC contained the losses of the blue-chip index.

Bank stocks on Tuesday led the benchmark at Athinon Avenue to a third consecutive session of losses, albeit marginal, while the overall picture was quite patchy, with mid-caps and small-caps registering gains. The gains registered by PPC and Coca-Cola HBC offset most of the blue chip index's losses.

Some investors cash in Wednesday's and Thursday's gains as the week drew to a close, but the benchmark at Athinon Avenue remained in the black on Friday, mainly thanks to Coca-Cola HBC and a few other blue chips. However, the credit sector headed south.

Some investors cash in Wednesday's and Thursday's gains as the week drew to a close, but the benchmark at Athinon Avenue remained in the black on Friday, mainly thanks to Coca-Cola HBC and a few other blue chips. However, the credit sector headed south.

Greek stocks yo-yoed between gains and losses on Wednesday, with the news on US inflation weighing not only on the ATHEX but most European bourses too. The strong finish by Coca-Cola HBC kept the benchmark afloat after a days-long decline, but trading volume was notably reduced.

The Greek stock market saw buyers take a step back on Thursday, with the market showing a mixed picture after three days of strong gains: Banks and Coca-Cola HBC dragged the benchmark lower, but the majority of stocks ended the day higher.