The stock market is setting bases to extend its upward streak and new 13-year highs, with buyers showing that they are back on track after geopolitical tensions in the Middle East eased.

Specifically, the General Index is trading at 1,457.7 points, up +0.7%, with turnover up to 17 million already in the first 30 minutes of trading and 4.5 million shares traded.

The market broke yesterday with momentum the zone of key resistances of 1,425 points that had plagued it for the last two months or so and moved even higher to a new 13-year record with another 1.9% jump and buyers seem to have returned for good, especially after S&P unexpectedly upgraded the outlook of the Greek economy on Friday.

Banks continue to rise steadily with Alpha at 1.2%, while Eurobank and NBG are up 1% and Piraeus is up 0.4%.

Poised for its fourth day of significant gains (over 1%) is PPC at +1.75%, ELPE moves +1.1%, OPAP at +0.6% and Viohalco picks up where it left off yesterday at +1.2% today.

Sarantis tops the FTSE at +1.9% after strong results announced before the open, while Terna, Lamda and OTE are slightly down with losses of less than 0.35%.

In the mid-cap sector, Intrakat stands out with a 2.4% jump after impressing yesterday with its figures, Intracom is also up 2% and Austriacard is up 1.5%.