The General Price Index closed in the last session of the week with a rise of 1.54% to 1,220.89 points in the wake of the Reuters analysis of Greek bonds
The “post-election euphoria” continued on Friday Athens Stock Exchange, in the wake of Reuters’ analysis that Greek bonds are already trading as if they were investment grade. The General Index closed with gains of 7.82% on a weekly basis.
The General Price Index closed in the last session of the week with an increase of 1.54% to 1,220.89 points, while the volume of transactions amounted to 148.4 million euros.
The high capitalization index closed with an increase of 1.73% at 2,977.00 points, while the Mid Cap ended trading at +2% at 1,791.89 points. The banking index closed with gains of 3.10% at 1,001.72 points.
The recovery from Greece of the investment gradewhich he had lost more than ten years ago during the debt crisis in Eurozone , has been discounted by bond investorsit states Reuters in his analysis.
Greece, Reuters notes, has worked since the end of the bailout program in 2018 to regain favor with investors and the coveted investment grade that is a stamp of fiscal integrity.
Source: Skai
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