Led by energy shares, but also worthy supporters of most of its securities, the Greek stock market shows willingness to conquer the 1,220 unit mark, continuing its good course. The general index recorded gains of 1.59% at 1,221.58 points, with the turnover at 73 million euros.
The liquidity entering the market these days seems to be spreading over an increasingly large area of the board, making the rise more solid. The chances of continuing the ascent are therefore increasing, with the first target being the area of 1250 DG units, without this necessarily meaning the end of the movement.
Greece’s Investment grade: Markets are already pricing in its…arrival
Investment grade
After all, beyond the positive fundamentals that the market has, the analyst community, both foreign and local, considers the return of Greece to the investment grade as a “done deal”. And this outlook makes Greek assets eligible for multiple indices, attracting steady demand from a much larger pool of global investors.
At the level of securities now, PPC, Motor Oil, Alpha Bank, Eurobank, ELHA, Lambda and National Bank lead the rise, while the gains in Hellenic Petroleum, Piraeus, Coca Cola, PPA and OPAP are also important. Mytileneos, GEK Terna, Viohalko, OTE, EYDAP, Autohellas, Jumbo, Terna Energy, Sarantis and Titan are moving positively, while Quest and Aegean are moving negatively.