What are the reasons for Greek stocks now

Athens Hellas shares have already demanded a lot from investors. Investors suffered heavy losses in the crisis year 2015, for example, when Greek financial stocks became almost completely worthless. But there were also really good times. The leading index of the Athens Stock Exchange, Athex Composite, achieved an index plus of 50 percent in 2019. That was world class. Now many analysts see entry opportunities again.

The analysts of the major British bank HSBC recommend overweighting Greek stocks at the moment. The US investment bank Goldman Sachs sees the Athex Composite with the 60 largest and highest-grossing Greek companies at 1000 points at the end of the year, which is eleven percent above the current level.

In the first four months of this year, the index increased by around eleven percent. Then, however, the stock market ran out of steam. The index has been hovering sideways around the 900 point mark since May.