Explosive rise share prices record, in the wake of the resounding victory of New Democracy in Sunday’s elections.

The market sees the election result as the best possible scenario, an outcome that reduces political risk, paving the way for an independent government in the next election and recovery of investment grade the next months.

At the center of interest are banking shares and PPC shares, leading the market above 1,200 units, for the first time since July 2014.

The General Price Index at 3:30 p.m. stands at 1,206.73 units jumping 6.57%. Intra-sessionally it recorded a higher price at 1,217.04 units (+7.69%).

Explosive and the increase in the volume of transactions with the value of transactions amounting to 186.73 million euros.

The large-cap index is up 7.65%, while the mid-cap index is up 3.34%.

All the high capitalization shares are moving upwards and the biggest increase is recorded by the shares of Alpha Bank (+15.58%), PPC (+15.25%), Ethniki (+14.55%), Piraeus (+ 13.67%) and Eurobank (+11.51%).

Of the individual indices, the Banks (+13.69%) and Utilities (+10.57%) indices recorded the biggest increase, while only the Health index (-0.57%) showed a slight decrease.

Alpha Bank and Piraeus have the largest volume of transactions with 23,500,722 and 19,183,063 shares, respectively.

Piraeus with 51.43 million euros and Ethniki with 33.56 million euros have the highest transaction value.

Upwards 107 stocks are moving, 14 declines and 15 remain stable.