The stock market was over 1.29% in the week ending and completed four consecutive upward weeks, with a total of 10.18%, moving at a high 15 -year -old.
“Taurus” for the Athens Stock Exchange says Goldman Sachs. It increases target price for DG to 2,100, from 1,700 units before. It upgrades Greece to a key destination for international investors in emerging markets, promoting strong returns and attractive valuations, especially in the banking sector.
Goldman’s Overweight option confirms that the Greek market is an opportunity for international portfolios. Greece’s Forward P/E is below the average emerging. The report places particular emphasis on the Eastern European banking industry, noting that banks in Greece and Hungary still have significant room for rise, despite the high returns they have already recorded.
Despite the over -performance of banks since the beginning of the year, international and domestic investment firms are renewing the vote of confidence in Greek banks.
Goldman Sachs is constantly seeing the upward trend in the industry, relying on powerful capital adequacy indicators and a reduction in non -performing openings.
Greek banks are one of the cheapest and most attractive in Europe, according to UBS.
Bank of America also finds high scope for the shares of the four systemic Greek banks, as their valuations remain lower than the European average. The assessment of Greek banks is lower than 7 times their profitability and the ratio of valuation to their accounting value (P/TBV) is lower than the unit, while in European banks it is higher.
The General Price Index closed the week at 1,985.52 points, compared to 1,960.17 points last week, up a weekly rise in 1.29%. Since the beginning of July, it has been up to 6.29%, while by the beginning of the year it has recorded profits of 35.10%.
The FTSE/ASE 25 high -capitalization index closed a week with a rose 1.23% and has made a profit of 39.69% since the beginning of 2025.
The FTSE MID mid -capitalization index closed with a weekly rise of 2.78%, and since the beginning of the year it rose 25.03%.
The banking index closed a week with 1.23%, while in early 2025 it has earned 66.17%.
The total value of transactions at this week’s meetings amounted to EUR 1,180,751 million, while the average daily transaction value stood at EUR 236,150 million, up from € 249,281 million last week.
The total market capitalization in the end of the week increased by EUR 1,804 billion and stood at € 133,392 billion, while by the beginning of the year it increased by € 30,247 billion.
Source: Skai
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