Remember the Greek Market Shutdown? Stocks Are Moving On
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It took the Greek stock market about four months to start turning the page from the turmoil that almost cost the nation its euro-area membership.
But after reaching a three-year low in August, the benchmark ASE Index is showing signs of recovering. It’s rebounded 25 percent since then, closing at its highest level since June 26, before Greece imposed capital controls and its exchange shut down. The gauge surpassed a previous high hit on Aug. 11 and climbed another 0.3 percent on Friday.