The stock market closed the week ending with significant gains of 1.02%, with the General Index exceeding the levels of 1,330 units, closing at new highs for the year and at new highs for more than 9 years. Specifically at the highest levels since the session of April 2, 2014 (1,353.01 units), while since the beginning of 2023 it has recorded gains of 44.03%.

The market continues to record new 9-year highs and is technically targeting, in the short term, the 2014 high of 1,379 points, with the trend being quite strong.

Greece is back on investors’ radar after a decade in the wilderness, the agency notes Bloomberg. Foreign capital flows into stocks and bonds have risen by around 14% this year, catapulting the Athens Stock Exchange into the world’s top three performers with gains of more than 40%. Greece is also the best performer in the Eurozone bond market, with the country’s borrowing costs cut by more than half a percentage point by 2023. Now yields on 10-year government bonds, which soared above 40% in 2012, are below 4%. That’s less than the yield investors are asking for Italian bonds and only about 1.4 percentage points more than super-safe German debt.

THE General Price Index closed the week at 1,339.18 points, against 1,325.61 points the previous week, marking a weekly increase of 1.02%, while since the beginning of 2023 it has recorded gains of 44.03%.

The FTSE/ASE 25 large-cap index ended the week up 1.10%, while it has gained 44.26% since the beginning of the year. The FTSE MID CAP index closed the week up 2.43% and since the start of 2023 is up 55.66%.

The banking index closed the week with a slight increase of 0.30%, while since the beginning of the year it has gained 70.74%.

The total value of transactions in this week’s sessions was €486.024 million, while the average daily value of transactions was €97.205 million from €101.437 million the previous week.

The total market capitalization this week increased by 656 million euros and reached 89.766 billion euros, while since the beginning of the year it has increased by 23.904 billion euros.