The Athens Stock Exchange has started off strong on Tuesday, with the general price index increasing by 10.20% to 832.44 points at 15.44, while the value of transactions is estimated to be about 133.10 million euros.
After being pressured for a few days, the stock exchange bounced back on Monday, when it closed at 755.42 points and up by 4.64% since Friday. The yield of a ten-year treasury bill was 11.22%.
Additionally, the yield for ten-year bonds retreated to 9.6% (from 11.5% at opening), the three-year bond to 17% (from 20%), while the yield of the five-year bond dropped to 13.5% (from 15.4%).
The “euphoria” at the Athens stock exchange market has been attributed to recent comments by Finance Minister Yanis Varoufakis, who estimated that Greece will not enter a collision course with its partners, ads there are alternative options for debt relief and funding needs.
