The Greek stock market quickly shook off the effect of renewed tensions in the Middle East.
The Greek stock market quickly shook off the effect of renewed tensions in the Middle East.
This time the bulk of stocks at Athinon Avenue produced a strong reaction on Thursday.
After four sessions of decline for its benchmark, adding up to 4.44%, the Greek stock market rebounded on Wednesday.
The Greek stock market failed to follow the cool reaction of most other eurozone bourses.
The Athens Exchange (ATHEX) general index closed at 1,416.53 points.
The Greek stock market continued on Tuesday along the same path it had started the week.
The Greek stock market rebounded on Monday, following last week’s decline.
Athinon Avenue started the week’s final session with a considerable drop in what has been the second straight week of decline for its benchmark, and saw turnover shrink further on Friday.
Stocks went up, then down, and eventually – in the closing auctions – back up, during Thursday’s session.
The decline continued at the Greek bourse on Wednesday, though not as strongly as on Tuesday.
The benchmark dropped below the 1,400-point mark on Tuesday.
March proved to be the first month of decline, after four months of growth for the benchmark of the Greek stock market.
Stocks continued their decline on Wednesday at the Greek stock market, led by banks, which had traders cashing in some of the last few weeks’ gains.
A short trading week of just three days has started at the Greek stock market with a moderate decline.