Greek stocks climb 3 pct on week, banks post double-digit gains

Economy Tags: Markets
Photo via www.helex.com
Photo via www.helex.com

The Greek stock market traded in positive territory climbing by 3 percent this week following modest gains of 0.7 percent in the previous week. The improving performance was accompanied by a notable recovery in the trading activity.

The market rebound was more profound on Wednesday, when bank shares soared 12.4 percent in the aftermath of their second quarter (Q2) results that showed improving operating profitability and encouraging signs on the asset quality front.

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