Greece, World’s Best Stock Market, Touts Turnaround From Crisis
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The world’s top stock returns this year come from Greece, the very nation that not long ago got history’s biggest sovereign bailout.
Greek shares have rallied about 38% this year in local terms, more than double the S&P 500 Index and five times MSCI’s benchmark emerging-market equity gauge. Socrates Lazaridis, the exchange’s chief executive officer, said he expects further gains, buoyed by the likely election of opposition leader Kyriakos Mitsotakis in next month’s snap vote.