Quick stock profits of 30%
The placements of Greek listed companies have proven a goldmine for investors, who enjoy profits of over 30% in a very short period of time.
The six share disposal transactions since November, boosted by the recovery of investment grade by Greece and led by the divestment of the Hellenic Financial Stability Fund from Greek banks, have breathed new life into the stock market, attracting international and domestic portfolios, while they have also brought significant goodwill to shareholders of the specific listed companies. The strong demand in share disposal transactions reflects the attractive valuations of Greek companies, Axia Research comments.
Beyond the positive fundamentals, these placements have led to increased trading activity for the shares, creating a positive momentum for share prices, it adds. In the placements of National Bank, Athens International...
- Log in to post comments