Aegean Air

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

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.

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.

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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