ECONOMY

Greek stocks up despite sliding banks

greek-stocks-up-despite-sliding-banks

The Athens Stock Exchange (ATHEX) rose on Monday after three consecutive downward trading sessions.

The general index was up 1.04 percent, reaching 680.94 points for the day despite bank stocks plummeting 8.67 percent on concerns about a bail-in of senior bondholders as part of Greece’s third bailout.

Turnover rose to 32.62 million euros, which was 17.46 percent up on Friday’s session.