Stock market
Alpha Bank's rally send bourse higher, Investors assess mega-deal
Alpha Bank’s strong rally has set a positive tone for the sector and the broader market early Tuesday. Europe is mixed.
Alpha Bank’s strong rally has set a positive tone for the sector and the broader market early Tuesday. The stock resumed trading on Tuesday, as authorities decided to suspend trading of the stock following the news of the mega deal with Italy’s Unicredit. Europe was mixed.
At 1116 local time, the general share index was trading 0.7% higher to 1181 points.
Banks posted aggregate gains of 1.6%, with Alpha adding 6.1%. NBG and Piraeus were up 0.7% each, while Eurobank was trading 0.2% lower.
Away from financials, Mytilineos was up b1.9%, Aegean +1.1%.
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