OpenCalais Metadata: Ticker
The reserved optimism of Greek epidemiologists about the course of Covid-19 in Greece over the last three days was reflected in stock prices on Tuesday, as confidence in the quickly taken, firm measures and the fiscal easing decided across the European Union have led to some relief for battered bourses, including Athinon Avenue.
A predictably quiet day on the Greek bourse on Friday ended at the highest point of the last 58 months as buyers proved quite active in the last hour-and-a-half of trading.
The Athens Exchange (ATHEX) general index ended at 920.54 points, adding 0.88 percent to Monday's 912.52 points, the highest since February 2015. On a weekly basis it advanced 3.19 percent.
The Greek stock market appeared unaffected on Monday by the growth momentum observed by its international peers, and recorded a small decline on fairly low turnover. The likely reason was the decision by DBRS Morningstar last Friday not to upgrade Greece's rating, opting instead to upgrade only the country's outlook to "positive."