Greek market ended higher on Thursday, ending the losses registered in the past two sessions.
Banks remain in the spotlight following NBG’s share capital increase, which today posted modest losses. The General Index added 1.53% despite dropping as much as 0.93% during trading.
Greek market posts mild fluctuations on Thursday, with Marfin Analysis saying that Everything seems to be moving around banking sector’s flagship strategic move and the speculation that this has brought about.
Greek market extended its losses on Wednesday as news that NBG would proceed to capital increase weighed. Sentiment was fragile, with NBG plunging as much as 12.12% and financials sinking as much as 6.98%.
Athens Stocks extend their losses on Wednesday with developments regarding NBG’s share capital increase being in the spotlight. National’s move “is a very positive development” said Takis Zamanis, chief trader at Athens-based Beta Securities.