Greek stock market opens after 5-week shutdown, recovers from 23% slump

Greek stock market has reopened today, after closing since June 29^th. In the meantime the country come closest to tumbling out of Euro-zone, which has been saved by last minute deal between Greek Prime Minister Alexis Tsipras and Euro zone partners.

A final deal though, yet to be signed on the final bailout of € 86 billion. Both Greece and the creditors are working to close the deal before next European Central Bank (ECB) repayment falls due on August 20^th.

• Greek stock market is down almost 18% from previous closing around 790. However rising slowly but steadily since the initial slump. Currently trading at 656.

Regulators are keeping a tight grip on the market.

• As per statement on the stock exchange website, redemptions of mutual funds' units will continue to be suspended.
• Short selling is also restricted, except for hedging purpose. In addition to that tight circuit breakers remain in place.

Restriction remains in place for domestic investors.

• While foreign investors are free to pull or push money in and out of the market, domestic investors can't push domestic funds into the market. They can trade with their balance with the broker and money from selling stocks or by funds from abroad.