HRADF's updated asset development plan sets out next batch of privatisations
Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
Stocks up 3.1 pct during week to reach fresh two-year high
Stocks edge down 0.6 pct this week amid soft volumes
Stocks rise for first time in three weeks, gaining 1.1 pct
Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
Greek stocks edge down 0.6 pct ending three-week rally
The Greek equity market traded sideways falling by 0.6 percent this week and ending a three-week rally that led to cumulative gains of 17.5 percent. Following the voting of the multi-bill with prior actions on Thursday night, all eyes are now on Monday’s Eurogroup, which will discuss the conclusion of the second programme review, the fiscal path and debt relief-measures.
The general index of the Athens Stock Exchange landed at 784.17 on Friday with relatively small fluctuations within the week. Despite the small correction this week, Greek stocks have gained 10.1 percent so far in the course of May.
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