By Anestis Ntokas 

 

The Athens Stock Exchange was the top performer among 99 stocks markets across the globe in the first two months of 2023, with the general index of the market gaining 21.45% and the market’s capitalization rising by 19.49 billion euros.

 

The Greek market extended its rally for the fifth month in a row in February. The market’s performance in the January-February period was the highest since 2006 (+19.93%), leaving other major markets far behind: the Italian market rose around 15%, the French market 12%, the German market was around 10% up.

 

The Bank index recorded the biggest percentage gains among market sectors, with an increase of 44%. Energy shares led the market’s rally, followed by bank shares

 

The top stock performer was MIG with gain of almost 700%, followed by Euroxx (250%), ANEK (217%), Attica Group (140%) and Kreka (135%). Investors remained focused on blue chip stocks, with five blue chips (Ellaktor, Motor Oil, Mytilineos, Piraeus Bank and National Bank) among the top-15 best performers in the two-month period.

 

The general index of the market ended at a new 101-month highs on February 28, with market capitalization rising by 11.553 billion euros to 77.414 billion.