MacroPolis

Stocks up by 4.7 pct, rising for third straight week

Despite profit taking on Friday, the Greek stock market headed north for the third straight week, climbing by 4.7 percent amid increasing investor confidence about an imminent deal between Greece’s lenders and the conclusion of the programme review.

Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets

By: Manos Giakoumis

The approval by Parliament next week of the measures agreed by the government and the lenders could be a trigger for several positive developments, including a return to international bond markets for Greece.

Buoyed by review deal, stocks surge 5.9 pct for second straight weekly rise

The Greek equity market climbed for the second straight week this week, rising by 5.9 percent in the aftermath of the agreement at a technical level reached between the government and the institutions on Tuesday morning.

Stocks climb 6 pct during week, propelled by 16.6 pct surge by banks

Positive sentiment prevailed in Greek stock market this week, leading to strong gains of 6 percent as the return of the institutions returned to Athens and optimism about a successful conclusion to negotiations in the next few days grew.

Stocks record losses of 1.8 pct during week, amid light trading volumes

The Greek equity market traded mostly in negative territory this week with very soft trading volumes, dropping by 1.8 percent and ending a 3-week rally that saw cumulative gains of 7.5 percent.

Another increase for stocks, which edge up 0.4 pct during week

The Greek stock market edged up for the third straight week, rising by 0.4 percent but with soft trading volumes following a stronger rise of 2.3 percent last week as investors remain cautiously optimistic about a conclusion of the second programme review.

Stocks finish week on high after progress at Eurogroup

The Greek equity market jumped 2.3 percent this week, mainly led by Friday’s gains of 1.5 percent, in the wake of the outline deal clinched at the Eurogroup and the decision taken for a return of the institutions’ mission chiefs to Athens as soon as possible.

Stocks climb 4.8 pct on increased optimism about deal with institutions

The Greek stock market rebounded strongly this week, shooting up by 4.8 percent for the first rise after three weeks amid increased optimism that a technical agreement between the government and the institutions is within reach.

Stocks down by another 1.4 pct over week as Brussels talks prove inconclusive

The Greek equity market headed south for the third successive week, dropping at an accelerating pace of 1.4 percent from 0.6 percent in the previous week.

Stocks edge down 0.6 pct as review talks continue

The Greek stock market edged down 0.6 percent this week with quite meagre trading activity largely due to the lack of meaningful progress in negotiations between Greece and its lenders.