The Greek bourse hit the ground running on the first trading day of 2021 on Monday, with prices growing as the session progressed and the closing auctions taking the benchmark above 820 points for the first time in almost 11 months. This time it was mainly energy stocks and other non-bank blue chips that led the index higher.
Greek stocks recovered somewhat on Tuesday from Monday's slump due to the UK's troubles with the mutation of the coronavirus and the impasse in the Brexit talks, as the benchmark climbed back up to 780 points. However, the level of trading volume indicated that the minds of many were already occupied with the holidays.
The Greek bourse benchmark climbed on Friday to highs unseen since late February after its 11th consecutive day of gains, which were quite handsome too, on the day the third-quarter growth data were issued. Likewise, the Greek benchmark 10-year bond yield reached a new low on Friday, at 0.626 percentage points.
The Greek bourse benchmark advanced for a 10th consecutive session on Thursday, a streak unseen in almost four years, as stocks are now extending November's momentum into December. The index recorded a new ninth-month high - and without the help of bank stocks this time.
The Athens Exchange (ATHEX) general index ended at 766.82 points, adding 0.97% to Wednesday's 759.47 points.