Mytilineos

OpenCalais Metadata: Ticker

MYTX

ATHEX: Benchmark jumps to an 8-year high

The benchmark at the Greek stock market soared to levels unseen in over eight years on Monday, as despite the US holiday traders showed considerable buying interest in local stocks. A number of market deals and the consensus that Greece will outperform the eurozone in growth terms this year appear to have attracted investors on a permanent basis.

ATHEX: Index at peak of almost 11 months

The outlook for Greece's sovereign credit rating to return to investment grade and the 50-million-euro package of Mytilineos shares that changed hands on Monday gave a fresh boost to the Greek stock market at the beginning of the week, with its benchmark climbing to highs unseen in almost 11 months. This was the sixth consecutive session of gains for the bourse.

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