Greek stocks climb 5 pct on week led by double-digit bank gains

Economy Tags: Markets
Photo by Panayiotis Tzamaros/Fosphotos
Photo by Panayiotis Tzamaros/Fosphotos

The Greek equity market headed north for the second straight week recording gains of 5 percent, after a rise of 1.5 percent in the previous week. The upswing was mainly fuelled by banks, which soared 17.9 percent.

Despite a negative start in the first two days of the week, the domestic market strongly rebounded in the next three sessions, also in the wake of Piraeus and Eurobank third-quarter results that revealed improving asset quality trends. Meanwhile, invest...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€450.00

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.