Despite the early euphoria on most European markets after the peaceful inauguration of Joe Biden in Washington, which led Asian stocks higher too, the afternoon saw prices slide at Athinon Avenue, led by banks. Traders would have liked to hear some more concrete comments from the European Central Bank on Thursday other than Frankfurt's decision to stay put.
April ended at the Greek stock market on Thursday with some profit taking by traders who cashed in on this week's rise by specific stocks such as banks. Despite that daily drop, April closed with a 12.54 percent advance for the benchmark, to become the first month this year with an increase for the bourse.
Several districts of the Greek capital were without water supply since Wednesday morning, Athens's public water company EYDAP announced on its website.
According to the company, areas of Filothei, Papagou, Kallithea, Iraklio, Voula, Aspropyrgos, Kolonos and Akademia Platonos were affected by the disruption.
Water services will be restored at around 3 p.m, the company said.
The week at the Athens stock exchange got off to a quiet start with a few buyers and no sellers, while more than half of the trading volume concerned pre-arranged deals. Turnover this July bears more resemblance to that which would normally be expected in August, the traditional holiday month, so one can only wonder what levels it will sink to then.