FTSE

ATHEX: Healthy rise for stocks after recess

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.

ATHEX: Bourse index climbs above 600-pt mark

Tuesday's trading session at Athinon Avenue, which closed without any news from the Eurogroup meeting, continued along Monday's growth path, taking the stock market's gains to 4.3 billion euros in capitalization terms from the start of the week as the benchmark has rebounded by almost 12.4 percent in total. This has been accompanied by a fresh decline in bond yields.

FTSE Russell confirms Romania is to be included in FTSE Emerging Markets indices

Global index provider FTSE Russell announced during the March 2020 interim review a series of clarifications regarding the promotion of Romania to the status of Secondary Emerging Market, according to a press release of the Bucharest Stock Exchange.

ATHEX: Credit sector helps bourse index higher

The flexibility that the credit sector has secured from the European Central Bank and the reserved optimism that the restriction measures in Greece are bearing fruit, amid more handout pledges by the government, saw the local stock market head higher on Monday in a relatively calm environment for global securities.

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