Greece's stock market reopened on Tuesday after a four-day recess with minor changes, although on significant turnover. The market appeared to have shaken off the disappointment from the Standard & Poor's decision not to upgrade Greece's rating last Friday, with its impact being limited to some bank stocks. PPC resumed its declined.
After a difficult and turbulent 2018, the Greek stock market has been savoring its best four-month period since 1999, with only four sessions left till the end of April. The benchmark at Athinon Avenue has recorded gains of 26.92 percent since the start of the year, which is the second highest return in the world after the main bourse in China.
Foreign investors accounted for more than half of total trading activity on Greece's stock market last year, executives at stock and futures operator Hellenic Exchanges said on Wednesday.
Greek equities fell 23.6 percent in 2018, a tough year in which banks took a beating. But mid-cap shares bucked the downtrend for a second straight year.