With a slight increase of 0.45%, the stock market closed the week ending, with the market managing to raise “banks” to the international pressures caused by the new geopolitical risk, in anticipation of today’s assessment of the Greek economy by the S&P rating agency .

A further upgrade from S&P today or Fitch (December 1) could mean Greece’s inclusion in the Investment Grade bond indices and help broaden the investment base.

The international scene remains fragile and the risk of a “crash” is rising as the global economy is buffeted by multiple headwinds, with government bond yields at multi-year highs around the world, and geopolitical issues remaining at the fore.

Since the beginning of the war, the stock markets seem relatively cool, with the Greek stock market showing significant “defenses” recording a rise of 3.34%, in contrast to the major international indices.

While market reaction remains subdued, analysts warn that several risks stemming from the Hamas-Israel conflict have not yet been fully assessed. If Iran is confirmed to be involved, an escalation of the war would be imminent, most analysts believe – which could push markets into a risk-off mood.

The General Price Index closed the week at 1,174.91 points, against 1,169.66 points the previous week, marking a weekly increase of 0.45%, since the beginning of October it has fallen by 2.85%, while since the beginning of 2023 it has recorded gains of 26 .36%.

The FTSE/ASE 25 large-cap index ended the week up 1.08%, while it has gained 28.12% since the beginning of the year.

The FTSE MID index closed the week with a rise of 0.67%, while since the beginning of 2023 it is up 34.37%.

The banking index closed the week with a gain of 2.91% and since the beginning of the year it has gained 47.21%.

The total value of transactions in this week’s sessions was €391.466 million, while the average daily value of transactions was €78.290 million from €124.342 million the previous week.

The total market capitalization this week increased by 292 million euros and reached 80.280 billion euros, while since the beginning of the year it has increased by 14.418 billion euros.