Displaying items by tag: goldman sachs

Goldman Sachs projects the Athens Stock Exchange’s (ATHEX) general index is set to reach 1,550 points by the end of 2024, a nearly 15% gain from current levels, reaffirming its positive outlook on the fundamentals of Greek listed companies.

An analysis by Goldman Sachs focuses on the reaction of banking stocks after the victory of New Democracy in the elections, pointing out that the shares of Greek banks strengthened by 13%, while bond yields took the opposite direction, with those of AT1 falling by 30 – 50 basis points and the senior preferred bonds by approximately 10 – 20 basis points.

The Athens Stock Exchange stands out in one of Goldman Sachs' top picks among Europe's emerging markets, with the American bank pointing out that the Greek market presents the risks of regional markets, but its shares are cheap.