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

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

Economy 18/11/2016 - 18:10 Tags: Markets

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...

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