The Athens Stock Exchange is positive in the first session of the new week, with buyers having a clear lead over sellers.

The Greek market continues to rise above 1,490 points, approaching the target of 1,502 points, the highest level since 2011.

However, the major concern is whether Athens has the potential to break the months-long build-up and march towards the next resistance of 1,600 points, taking advantage of attractive valuations and a resilient outlook for corporate profitability.

Specifically, in the first session of the week, the General Index is up a cautious +0.50% to 1,494.39 points, gaining 7.5 points compared to Friday's close (1,486.83 points).

The arc of daily fluctuations extends to 12 points (from 1,485.99 to 1,497.38 points), with a turnover of 74 million euros, of which 13.7 million euros are pre-agreed packages.

On the board, Eurobank is now climbing to new 9-year highs, surpassing 2.3 euros, while Piraeus manages to find buyers above EUR 4. At the same time, Intrakat's shares, which are trading without the right to the EUR 200 million rights issue, are down slightly below 1%.