The Greek stock market had a mixed session on Tuesday, in line with most of its European peers, with the majority of stocks posting gains while the benchmark and blue chips declined for a third day in a row. Trading volume remained very low, with observers fearing the Athens bourse has attracted the law of gravity that affects markets deprived of any significant news to keep them going.
The complete lack of progress recorded by Thursday's Euro Working Group and the confusion generated by Germany's Finance Ministry as to whether a new bailout agreement may be on the way created the conditions for a proper Friday-the-13th session on the Greek bourse on Friday, during which the vast majority of stocks took a dive.
The benchmark of the Greek bourse continued its ascent for a fifth consecutive day on Wednesday in what proved to be a session of mixed fortunes as blue chips edged higher while the majority of stocks ended in the red. On the positive side, the daily turnover, having dipped recently to a record low, is also on the rise and approached the 50-million-euro mark.