After a narrow trading session with very little movement for the benchmark and the blue chip index, the Greek stock market ended the week with another day of marginal gains on low turnover. The market appeared to have factored in the deal between the government and the banks on the protection of debtors' primary residences and it was a mixed day for bank stocks.
Piraeus Bank's stock was instrumental to the benchmark staying in the black on Tuesday at Athinon Avenue, as the lender rebounded from three consecutive sessions of losses. This brought the main index to a level unseen since December 5, although the majority of stocks ended with losses and turnover remained disappointing.
Stock prices at Athinon Avenue went from losses to gains over the course of Monday's session as the few active investors continue to believe the local bourse is underpriced after the successful bond issue a week ago. This helped the benchmark climb to a two-month high, even though that was on particularly low turnover.