Political developments in Greece determined trading on the Athens Stock Exchange, which ended with profits, awaiting for official announcements on the head and composition of the new interim government.
The General Index moved in green throughout the trading session, with intraday profits of 2.89%, while banks ended t session high.
The Greek market continues to evaluate also the developments in Italy, analysts said, however it has some upside potential against European markets, due to large recent losses, as long as the situation in Italy does not deteriorate.
The official notification of the new government will remain in the centre of Greek and international attention in the coming period, creating conditions for new upward relief, however there are significant uncertainties on banking sector. The results of BlackRock audit will gradually weigh on the market, along with the issue of smooth implementation of Greece’s support program.
On the board, the General index ended at 779.63 units with profits of 2.44%, while the trading volume was 48.22 million units and turnover stood at €69.3 million.
(source: capital)
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