athens exchange

'Roots' project for supporting SME plans has US support

US Ambassador in Athens Geoffrey R. Pyatt stressed America's commitment to supporting Greek economic growth as he addressed on Wednesday's presentation of the new "Roots" program for the support of local startups and small and medium-sized enterprises, to be implemented by the Athens Exchange and the American-Hellenic Chamber of Commerce.

ATHEX: Bourse shakes pressure off to eradicate early losses

The Greek stock market succumbed to pressure early on Wednesday but eventually narrowed its morning losses almost down to zero by the close.

The Athens Exchange (ATHEX) general index ended at 656.92 points, down less than 0.01 percent from Tuesday's 656.96 points. The large-cap FTSE-25 index contracted 0.39 percent to 1,720.96 points, while the mid-cap index expanded 0.46 percent.

ATHEX: Stock index and turnover end November on a high note

The MSCI stock index rebalancing was completed on Friday, while investors repositioned themselves accordingly, leading to a second day of notable gains at Athinon Avenue, as many foreign traders closed their books for the year at the end of a month that saw the main index slide 1.55 percent.

ATHEX: Bank stocks stage rebound, adding 8.1 pct

Oversold bank stocks staged a remarkable rebound in Thursday's bourse session, with Alpha and National announcing a return to profit in July-September at the end of the trading day. The Athens Exchange (ATHEX) was also buoyed by rallying international markets, the drop in Greek bond yields and a favorable report by Moody's on the Bank of Greece proposal for slashing bad loans.

ATHEX: Stocks retake 600 pts in quiet session

While turnover remained subdued on the Greek stock market on Friday following the Thanksgiving holiday in the US on Thursday, banks' 4 percent rise managed to take the benchmark back above the 600-point mark.

The Athens Exchange (ATHEX) general index ended at 602.60 points, adding 0.65 percent to Thursday's 598.73 points. On a weekly basis it conceded 3.69 percent.

ATHEX: Benchmark tumbles again, reaches new 24-month low

Creditors' concerns about delays in the government's reforms, the continuing selloff in bank stocks, the rise in Greek bond yields and Monday's  drop on the New York Stock Exchange contributed toward another price slide at Athinon Avenue on Tuesday, when the main index tumbled to a new two-year low at the end of a fifth consecutive loss-making session.

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