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Wednesday's sixth consecutive session of gains for the benchmark of the Athens stock market took it to a new three-month high, on respectable turnover and significant gains for the majority of blue chips, including banks.

A late surge by Greek stocks on Tuesday offset the losses racked up earlier in the session, leaving a balanced picture at the end of trade as the benchmark rose for a fifth session in a row. However, the continued slide in trading volume has dimmed the prospects of a "year-end rally."

The drop in Greek bond yields and window dressing efforts in the approach to year-end contributed to a healthy rise in stock prices at Athinon Avenue on Wednesday, while two package transactions for Eurobank and Grivalia Properties sent trading volume soaring.

The negative mood resulting from the withdrawal of draft legislation on strike action, the cancellation of Wednesday's property auctions and weak growth data for the third quarter of the year prompted a second day of losses for most stocks at Athinon Avenue on Tuesday.

Investors gave a thumbs-up on Tuesday to news that notaries had ended their boycott of property auctions, as Greek bank stocks jumped 4.25 percent at Athinon Avenue. However, the rest of the market didn't see much of a knock-on effect.

After the major drop on Thursday, Greek stocks posted a notable recovery on Friday, covering more than half of the previous day's loss, and on increased turnover too.

The Athens Exchange (ATHEX) general index ended at 712.46 points, adding 1.58 percent to Thursday's 701.36 points. On a weekly basis, however, the benchmark posted a 2.95 percent decline.

Another day of high volatility at the Greek stock market, following Tuesday's considerable ups and downs, saw the closing auctions decide that the majority of stocks would end up in the red on Wednesday, as did the bourse's benchmark.

The Greek stock benchmark's 1 percent rise on Friday - for the second day in a row - was not enough to avert a fourth week of losses for the bourse, a decline sequence not seen since last January.

Monday was another mixed day for the Greek bourse. Stocks were split between winners and losers, the benchmark had some moderate gains but the banks' index was virtually unchanged, and mid-caps conceded some ground. The drop in turnover compared with three declining sessions last week shows that a likely return of sellers is on the way.

The benchmark of the Greek bourse recovered some ground from Tuesday's 1.88 percent sell-off, with investors reflecting on a series of wide-ranging issues from North Korea and the Brexit negotiations to local banks' first-half financial results.