ATHEX is kicking off the new trading week with a bullish outlook, highlighted by a strong performance from Metlen and a resurgence among banks.

The General Index has climbed to 1,710 points, reflecting a 0.8% increase and a trading volume of €17 million, with 3.3 million shares exchanging hands.

The banking index is notably gaining traction, up 0.97% at 1,661 points, while the FTSE large-cap index has risen 0.85% to 4,226 points. Additionally, the FTSEM mid-cap index is trading at 2,580 points, marking a 1.1% increase.

After a week of mild corrections (-1.48% in the banking index), systemic banks are showing signs of recovery today, spurred on by Metlen's recent developments following its "vote of confidence" from Prem Watsa.

Despite the recent downturn, the General Index has managed to make modest gains of 0.21% over the past week, completing its third consecutive week of growth and marking its 12th positive week in the last 13. Notably, Friday's trading session saw a surge in turnover to €469 million, bolstered by repositioning within the FTSE Russell indices, Alpha’s share placement, and the influence of "triple witching."