Greek stocks surge after commanding election win by conservatives
The Greek Athex Composite GD, +5.94% surged nearly 7% in opening trade on Monday, following the landslide victory of the conservative party led by Prime Minister Kyriakos Mitsotakis.
New Democracy was leading the left-leaning Syriza party by over 20 percentage points. The yield on the 10-year Greek government bond TMBMKGR-10Y, 3.894% fell 6 basis points to 3.94%.
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