The Greek Deal.com
Infusion of funds into NBG | TheGreekDeal.com
SECRET
Infusion of funds into NBG
What was whispered in the financial offices is interesting and indicates that the National Bank's placement was more than successful.
Newsroom
TIME TO READ
Less than 1 min
Pavlos Mylonas, CEO, National Bank of Greece

The Friday session was marked by an explosive turnover of over 1.1 billion euros and a rally in the banks.

What was whispered in the financial offices is interesting and indicates that the National Bank's placement was more than successful. There were buy orders with significant volumes from abroad, driving the stock intraday up to +10%.

Analysts are awaiting official data, believing that behind the purchases are either funds that did not get as many shares as they wanted in the placement, or new funds that estimate the stock has a significant upside potential.

READ ALSO