Banks Rally, Blue Chips Show Fatigue: A Two-Speed Market
Gains are concentrated in financials, leaving the real economy outside the rally
Gains are concentrated in financials, leaving the real economy outside the rally
As the RRF cycle closes, Greece pivots toward defense and technology as the next growth driver.
After last week’s sharp sell-off, the Athens Exchange staged a new upward correction — with banks, Viohalco, and Metlen leading the rally.
JP Morgan also made a slight upward revision to its profitability estimates for the Greek banks, taking into account the most recent industry data as well as valuation adjustments following the announcement of full-year 2024 results