Equities in Athens bounced back on Friday, with Jumbo and banks setting the positive tone. Still, investors were cautious as trading activity was light. European markets were mixed amid prospect of higher for longer interest rates. 

The general share index added 1.5% to close at 1218 points. Some 83 million euros worth of stocks exchanged hands. 

Banks rose 3.3%, with Piraeus increasing 4.8%, Eurobank +4.5%, NBG +2.4%. 

Away from financials, Jumbo added 4%, following the release of a robust first half performance and the surprising announcement for an extraordinary cash payment of 1.47 euros per share.  

 Also, Motor Oil gained 4.1%, GEK-Terna +3.9%.