FTSE/Athex Large Cap
ATHEX: Trading hits record-low as index dips 3 pct
The handful of traders who took an interest in the Athens stock market on Monday only did so to ease out of the bourse amid growing concerns that capital controls may be imposed as a deal between Greece and its creditors remains elusive. Trading was also at a record-low due to the public holiday in most European countries, on top of the prolonged uncertainty over the talks.
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ATHEX: Small gains on reduced turnover
Reserved trade saw turnover dip to less than 75 million euros at the Greek bourse on Thursday and although the banks index posted a marginal drop the benchmark managed to recover its morning losses to end up well in the green.
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ATHEX: MSCI shake-up offsets gains
Measured optimism that the market may have seen the worst yet generated early gains at the local bourse on Wednesday, but the changes imposed on the MSCI index setup regarding Greek chips left the benchmark virtually unchanged from the previous day at the end of the session.
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Greek bourse starts trading week with notable losses
Declining blue chips dragged the benchmark of the Greek bourse lower on Tuesday, as the various scenarios regarding proposals and counterproposals placed on the negotiating table by Athens and its creditors appeared to confuse investors instead of inspiring them at the start of the four-day trading week.
ATHEX: Coeure statement sends stocks higher
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ATHEX: Bourse ends rising streak, falling 1 pct
The Athens bourse?s recent spurt of growth came to an end on Wednesday. The benchmark closed at its lowest point of the session, with losses of 1 percent, as investors chose to cash in some of their gains from the previous five sessions of growth. The declines on a number of other European markets also played a role.
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Credit sector stocks reap gains
Greek bank stocks received a much needed boost from news of the ELA extension by the European Central Bank, sending the banks index up 13.40 percent and helping the benchmark recover 2 percent on Wednesday after three consecutive sessions of losses.
The Athens Exchange (ATHEX) general index ended at 719.43 points, rising 2.08 percent from Tuesday?s 704.74 points.
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Legislative act sees bourse gains vanish
The government?s decision to introduce a legislative act forcing state entities to submit their cash reserves to the Bank of Greece canceled out all gains that stocks had notched up in the week?s opening session at Athinon Avenue, while banks shook off the threat by eurozone central bankers that the Greek credit system may soon be short of collateral for drawing liquidity.
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Lenders' slide checks gains for bourse benchmark
Bank stocks continued their decline on Thursday, but that was not enough to force more losses on the Athens bourse benchmark, which gained more than 1 percent thanks to the closing auctions in a rather indifferent market, as the constantly low trading volume reveals.
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Grexit talk sends bourse benchmark further south
International rumors about a Greek eurozone exit and the bleak outlook of the country?s negotiations with its creditors sent local stocks even lower on Wednesday, with banks again bearing the brunt of the selling pressure.
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