Investors focus on global mood
Investors will be looking at foreign equity markets this week to see if recent positive momentum will carry Greek stocks higher with key firms on Wall Street, including the banking sector, expected to unveil earnings figures. On Friday, the Athens bourse’s benchmark general index inched ahead 0.53 percent to 2,753.23 points, while major European stock exchanges turned in mixed performances. The broader market in Greece advanced 6.16 percent for the week on the back of solid buying interest in banks. Wall Street faces a barrage of third-quarter results in the coming days, which is expected to offer clues on the health of the US corporate sector and the overall economy. Greek blue-chip companies are expected to start reporting earnings next month, with Coca-Cola Hellenic, the world’s second-largest bottler of Coke products, scheduled to get the ball rolling on November 5.
