Shares have a muted reaction at midday to Moody’s double-notch credit rating upgrade late Friday, as it was widely anticipated. Europe’s declines weighed most. 

 

At 1348 local time, the general share index was trading flat at 1259 points. Turnover was light, at 33 million euros.  

 

Banks were mixed with Alpha gaining 1.8%, but NBG was down 0.7%. 

 

PPC was gaining 2.2%. In contrast, Coca Cola HBC fell 1.9%.