Aegean Airlines

The benchmark at Athinon Avenue continued its growth on Friday with yet another 13-year record, bolstered by banks and certain other blue chips. However, the trading volume was significantly reduced from Thursday, with turnover dropping to the lowest level of the last 10 sessions.

Aegean Airlines will distribute a dividend for the first time after four years for fiscal 2023, it said this week. 

Chairman Eftychis Vassilakis said after the annual general assembly on Tuesday that Aegean, Greece's main carrier, had met all its obligations, direct or in loans, to the state (such as warrants).

The 'Holy Light' arrived in Athens shortly after 8 p.m. Saturday and is making its way across Greece to arrive in time for the celebration of the Resurrection of Christ.

The Holy Light - or Holy Fire - was lit in the Church of the Holy Sepulchre in Jerusalem earlier Saturday.

As is the custom, it was greeted at the Athens International Airport as an arriving head of state.

The decline of bank stocks at Athinon Avenue on Tuesday dragged the rest of the market lower too for the day, but April closed with gains of 1.84% for the benchmark. Notably, a number of blue chips bucked the trend and notched up impressive growth on the day, pointing to the potential for a further advance in the days to come.

Ferries will depart on Thursday and Friday with a 100% occupancy rate, to serve the Easter travelers, while there are very few airline seats that remain available on the Aegean Airlines network for trips either in Greece or abroad.

The deal for Epsilon Net boosted not only the information technology sector but also the entire stock market at Athinon Avenue on Friday, leading to a new 13-year high at the end of a week of significant growth across the board. The advance was also fueled by the rise in foreign markets, and has signs of being sustained for the time being.

The Greek stock market accelerated its growth on Monday, with its benchmark posting gains of almost 2% on the back of growth from most blue chips, including the banks, and despite the rather modest daily turnover. This has taken the main index safely above the 1,400-point mark, after a daily rise unseen in almost five months.

Aegean Airlines seeks to strengthen its footprint in new markets, which show double-digit growth rates, through the delivery, in 2026 and 2027, in the first phase, of four Airbus A321neo aircraft which are specially configured and upgraded.

The Greek stock market failed to follow the cool reaction of most other eurozone bourses to events in Israel over the weekend, and suffered losses on Monday that were somewhat moderated toward the end.

Stocks went up, then down, and eventually - in the closing auctions - back up, during Thursday's session of the Greek bourse. Traders appeared reluctant to bring the benchmark closer to the 1,400-point level, as they obviously need a pretext for a solid recovery, following the recent decline.