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Equities rebound in early trade after four-day losing streak
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Stocks in Athens rose early Friday, in a bid to regain some of the lost ground after four consecutive sessions of losses. However, Europe’s risk-off mode on the back of expectations for higher-for-longer than expected interest rates, should have an impact on local assets.
At 1034 local time, the general share index was trading 0.4% higher to 1205 points.
Jumbo was 2.3% higher, following the release of a robust first half performance and the surprising announcement for an extraordinary DPS of 1.47 euros per share.
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