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Equities stage strong rebound early Tue; Banks at helm
Stocks in Athens stage a strong rebound early Tuesday, after the recent sell-off. Europe’s recoveries lent assistance. Banks are the frontrunners.
Stocks in Athens staged a strong rebound early Tuesday, after the recent sell-off. Europe’s recoveries lent assistance.
“The market is oversold at these levels,” a Beta Securities analyst said, adding “that some bargain-hunting should be on cards.”
At 1042 local time, the general share index was adding 2.2% to 1135 points. Banks outperformed, with gains slightly over 3%.
Among individual stocks, Aegean rose 3.5%, PPC +3%, Helleniq Energy +2.3%.
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