The index at the Athens Stock Exchange reached the highest level since 2014. Credit: ATHEXThe rally at the Athens Stock Exchange (ATHEX) which began at the end of 2021 reached a peak earlier this week when the index climbed to levels unseen since 2014.
The last time the main index stood above 950 points was in December 2014.
Earlier in January, an HSBC report recommended the purchase of Greek bank stocks, seeing great potential for cash flow in the local market. Cash duly flowed into the bourse, with turnover continuing to rise.
