Stocks in Athens traded higher early Monday, bucking Europe’s mild declines. The double-notch credit rating upgrade by Moody’s late Friday, was mostly welcomed by investors. Moody’s rates Greece at  Ba1, only one step away from the investment grade status. 

 

Moreover, the week is packed with earnings releases, which “will keep volumes active,” traders reckon, adding however, that “the stocks had discounted the move.” 

 

At 1036 local time, the general share index was up 0.6% to 1266 points. Banks were up 3.3%.