Stocks in Athens extended their gains early Friday, in line with Europe’s trends following the ECB’s signal for an end to its rate hike cycle. 

At home, Moody’s is scheduled to announce its credit rating review on Greece. The agency rates Greece three notches below an investment grade rating, at Ba3 with a stable outlook. Analysts  believe that the rater should lift by at least one notch the credit rating. However, fiscal difficulties due to the damages caused by the Daniel Storm, may delay an upgrade. 

The FTSE Russell rebalancing, which promoted Viohalco to the Large-cap index will come into effect today, after business hours.  

At 1059, the general share index as up 1.1% to 1247 points. Banks outperformed the broader markets with aggregate gains of 1.70%.