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The Greek bourse had a very quiet Friday, recording the lowest turnover since early March, as traders waited for the Eurogroup decision and Moody's verdict on Greece. The benchmark managed to stay afloat even though it ended on the day's low, with the blue chip index turning red.

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.

The Greek economy avoided a credit rating downgrade on Friday, as Fitch, DBRS Morningstar and Standard & Poor's only reduced its outlook from "positive" to "stable," which investors greeted by sending Greek stocks higher on Monday, although trading volume remained low.

Bank stocks led the Greek bourse to a day of healthy gains, with the benchmark climbing above the 610-point mark, although daily turnover still left much to be desired. After Thursday's European Union summit, traders are anticipating Friday's verdict on the Greek economy by Standard & Poor's and DBRS Morningstar.

Despite Wednesday's early gains at Athinon Avenue, in line with most eurozone bourses, the session ended with a relatively small increase on particularly low daily turnover, which points to the market's reservations about the economy's emergence from the coronavirus crisis, especially as far as the creation of new nonperforming loans for Greek lenders is concerned.

The Greek stock market returned to action after four days of recess with strong gains for most stocks on Tuesday on optimism that the worst of the coronavirus pandemic in Europe is over and oil prices will revert to stability after the recent agreement between oil-producing states. The late surge was bolstered by news that Greece is planning to tap the markets.

The decision by the European Central Bank to include Greece in an emergency bond-buying program gave Greek securities a much-needed boost on Thursday, with sovereign bond yields tumbling and stocks jumping at Athinon Avenue. Public Power Corporation closed almost at its limit-up, while banks struggled to keep up with the other blue chips.

The Greek stock market experienced another mixed session on Wednesday, with the majority of stocks heading south, led by banks, while several blue chips withstood the pressure to continue the rebound they had begun on Tuesday. The ban on short-selling until April 24 is set to contain the volatility recently observed at Athinon Avenue.

The Greek bourse completed its worst week since 2014 as its benchmark index slumped 19.34 percent due to concerns over the impact of the coronavirus outbreak on the economy. The decline continued unabated at Athinon Avenue, once again led by the banks index.

Greek stocks on Tuesday reclaimed some of the ground lost in Monday's 8.3 percent slump, on very encouraging trading volume, with banks jumping by over 5 percent to cover almost half of the previous day's losses.