Anticipation of positive feedback from Fitch in its report on Greece, expected late on Friday, and the advance of Greek bonds helped contain the stock drop at Athinon Avenue at the end of the week, compared to significant retreats on other eurozone markets.
The Athens Exchange (ATHEX) general index ended at 885.11 points, shedding 1.11 percent from Wednesday's 895.04 points.
Banks led the way on Monday at Athinon Avenue, where trade was notably slower due to it being the start of the traditional summer holiday season, while the election frenzy that started on May 27 appears to have subsided. The benchmark edged nearer the 900-point landmark, but the majority of stocks ended up on the losing side.
The Greek bourse appears to be betting on an imminent credit rating upgrade, with Fitch and Moody's expected to deliver their verdicts next month. As the benchmark headed higher for a fourth day in a row, on Friday it recorded respectable gains for the week, having risen by over 45 percent since the start of the year.
Greek stocks held on to most of their early gains to see the benchmark at Athinon Avenue move even closer to the 900-point mark on Thursday.
The Athens Exchange (ATHEX) general index ended at 885.99 points, adding 1.33 percent to Wednesday's 874.34 points. The large-cap FTSE-25 index expanded 1.59 percent to end at 2,191.84 points, while mid-caps contracted 0.59 percent.