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.
The Greek stock market closed for Christmas on Wednesday with further gains for most companies, on the strength of the growing prospects of an agreement between Brussels and London over Brexit, although the day's turnover was the lowest in the last 33 sessions. The bourse will next reopen on Monday.
The Greek bourse benchmark's 14-session rising streak - the first this century - came to an end on Thursday, with significant losses for the majority of stocks, although not all blue chips followed the bank stocks on their steep decline. At any rate, the benchmark demonstrated that it is not yet ready to conquer the 800-point mark.
he Athens Stock Exchange finally aligned itself with the positive turn on the European markets Tuesday, as it rebounded from Monday's significant losses to close 1.47% higher.
This rebound was achieved on very low turnover, which dropped below €30 million, a clear indication of investors' reluctance to see an upside.
The benchmark of the Greek stock market resisted heading south on Monday despite spending most of the day in the red and seeing its eurozone peers suffer losses. A late rally offset all of the day's losses, although the blue-chip and the mid-cap indexes ended with a small decline and turnover remained at low levels.