Aegean Air
ATHEX: Index ends day virtually unchanged
Stocks at Athinon Avenue rallied toward the end of the session on Wednesday for a third day in a row, offseting most of their losses. A slight majority of stocks ended up lower and banks continued to slide, while the benchmark closed virtually unchanged and mid-caps recorded small gains.
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ATHEX: Revelation day for local stock market
Friday's trading session at Athinon Avenue is seen as technically significant for the future of the local stock market, not only up until the end of the year but also the first few days of January, as it is expected to illustrate whether it has a real chance of recovery - following Thursday's meager gains - or if it will continue to be characterized by shallow trade with negative features owing
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ATHEX: Uncertainty dominates stock market
Jitters over the upcoming rebalancing of the MSCI index and various domestic and international uncertainties were still in evidence on the Athens Exchange (ATHEX) on Wednesday. The picture that emerged pointed to quite negative medium-term prospects for Greek stocks should traders' fears of instability abroad materialize.
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ATHEX: Bank stocks keep sliding
Greek bank stocks suffered increased pressure on Tuesday, which also had a knock-on effect on other major blue chips, resulting in significant losses for all indexes at Athinon Avenue.
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ATHEX: Early gains vanish in the Athens bourse
Afternoon selling at the Greek stock market offset all of Tuesday morning's gains, leading the main index at Athinon Avenue lower for a fourth consecutive day.
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ATHEX: Turnover dips to lowest point in 18 months
Daily turnover sank to a new low on Monday but the majority of stocks on the Athens Exchange (ATHEX) edged upward at the start of the week, despite the slump in bank stocks at the very end of the session.
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ATHEX: Unlikely rise for stocks
Greek stocks surprised observers on Wednesday, as prices rose despite the pressure on most foreign stock markets. The increase in bond prices, in harmony with the rest of the eurozone, and the drop in the T-bill auction rate on Wednesday played a role in the growth of stocks.
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ATHEX: Bank stocks fall on worries
Bank stocks dragged the Greek benchmark lower on Tuesday due to concerns over new European Central Bank rules regarding bad loans, new financial reporting standards and delays in property auctions due to the abstention of notaries.
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ATHEX: Uncertainty weighs on benchmark
Bank stock losses led the Athens benchmark into negative territory on Wednesday, even though the majority of stocks ended higher, and it appears that lingering doubts over the solvency of the local credit sector will not go away until a decisive answer is given, one way or another.
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ATHEX: Sting in tail of rising session
It ain't over till it's over, they say, and that was certainly the case on Wednesday at Athinon Avenue, as the big advances chalked up over the course of the session had all but evaporated by the end of trading, with investors opting to cash in their gains since Tuesday morning, using a eurozone official's statement that there was a 50-50 chance of a deal on the Greek debt at Monday's Eurogroup
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