Percentage

The benchmark of the Greek stock market rose to a seven-week high on Tuesday as it continued its recovery in tandem with the easing of restrictions on economic activity announced. It appears the market will continue to ebb and flow according to the course of the pandemic even after the end of the lockdown next week.

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.

Turkish people miss walking outside, spending time with family members and friends and outings most in times of the coronavirus outbreak, a study carried out by the polling company Ipsos has shown.

The survey was conducted between April 9 and April 13.

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.

The slowdown in the onslaught of the coronavirus in Greece and the rest of Europe, according to the statistics of the last few days, and the hopes for a rebound at the oversold Greek market sent stocks soaring at Athinon Avenue on Monday by the highest daily rate recorded since 2015.

The decline that started toward the end of Tuesday's stock trading session at Athinon Avenue continued throughout the day on Wednesday, led by the credit sector, which took significant losses, in line with most international markets. Daily turnover dropped significantly.

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.

The failure of Thursday's European Union summit to reach an agreement on the issue of extraordinary bonds, dubbed "corona bonds," and the temptation to cash in gains recorded on Tuesday and Thursday led the benchmark of the Greek bourse back down to the 550-point level on Friday.

Turkey's unemployment rate stood at 13.7 percent in 2019, the Turkish Statistical Institute (TÜİK) said on March 20.

The figure marked a 2.7 percent rise compared to the previous year.

According to TÜİK, the number of unemployed aged 15 and over in Turkey reached 4.4 million last year - a rise of 932,000 compared to 2018.