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ATHEX: Late rally puts index back on track

The Greek stock market reversed its morning losses to end the day with some gains in the face of a mixed picture in European markets due to the Brexit-related turbulence. Foreign portfolios continue to take an interest in local stocks - after the net inflow of 14.7 million euros last month - with blue chips rebounding and trading volume topping €150 million.

ATHEX: Stock index at 8-month high

The Greek stock market appears determined to stretch its November momentum through to the end of the month, as it enjoyed significant gains on Thursday that took its benchmark to a new eight-month high.

The Athens Exchange (ATHEX) general index ended at 726.92 points, adding 3.08% to Wednesday's 705.21 points. The large-cap FTSE 25 index expanded 3.34% to close at 1,725.52 points.

ATHEX: Bourse index climbs to new 3-month high

Bank stocks were back in the driving seat at Athinon Avenue on Wednesday, taking the Greek bourse benchmark to a new three-month high - i.e. its highest since the coronavirus epidemic began in Greece. The 700-point milestone seems to be growing closer, while investors appear to have plenty of disposable cash.

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