athens exchange
ATHEX: Index reaches highs unseen since 2011
The Greek stock market took another step higher on Friday, closing at a new 13-year high for the second day in a row, as the local bourse appears close to shaking off the entire impact of the financial crisis that started in 2010 in Greece.
- Read more about ATHEX: Index reaches highs unseen since 2011
- Log in to post comments
ATHEX: Index hits highest level since 2011
The performance of the Greek stock market has got everyone reaching for their record books, as the benchmark at Athinon Avenue climbed to its highest point since May 2011 on Thursday. Banks were again the driver of growth, while some blue chips that have recently recorded major gains experienced some profit-taking at the start of the new month.
- Read more about ATHEX: Index hits highest level since 2011
- Log in to post comments
ATHEX: Month ends on another decade-high
January ended with a new 10-year high for the Greek stock market benchmark, which also posted monthly growth of 5.82%. Going from strength to strength, the Athens bourse saw prices rise for a third month in succession, while trading volume is also showing signs of health.
- Read more about ATHEX: Month ends on another decade-high
- Log in to post comments
ATHEX: Piraeus Bank buoys stock market higher
Despite the attention the new 10-year bond issue garnered on Tuesday, the index and the trading volume rebounded at Athinon Avenue, driven by the growth of Piraeus Bank, which reached a new high. The momentum remains positive at the Greek bourse and, despite the temporary ups and downs, the underlying trend points to significant gains for the year that is now one month old.
- Read more about ATHEX: Piraeus Bank buoys stock market higher
- Log in to post comments
ATHEX: Stocks take a step back
Monday's stock session followed the course of the Greek weather, with a steady decline in prices matching the drop in temperatures. The benchmark narrowly managed to stay above the 1,350-point level, mainly thanks to the activity of some buyers in selected blue chips, while the prospect of the Athens International Airport listing absorbed some of the market's liquidity.
- Read more about ATHEX: Stocks take a step back
- Log in to post comments
ATHEX: Favorable outlook for local bourse
The main index of the Greek stock market ascended close to this week's decade high on Friday, with traders focusing on certain blue chips, although mid-caps underperformed this time. A report by Alpha Finance on Friday pointed to an increase of 15% to 25% for the benchmark of Athinon Avenue this year. In fact it has already gained 5.24% since the year started.
- Read more about ATHEX: Favorable outlook for local bourse
- Log in to post comments
ATHEX: Traders sell in preparation for AIA offering
The stock market at Athinon Avenue came off Wednesday's decade-high to suffer losses on Thursday that were somewhat moderated by the end of the session. Observers noted the intention of investors to sell and secure some liquidity in order to join the public offering of Athens International Airport - a process that began on Thursday.
ATHEX: Benchmark hovers near decade highs
The Greek stock market managed on Tuesday to hold on to some of its mid-session gains, with the benchmark closing near the decade-high recorded on January 15. Stocks showed a mixed picture, with the gainers narrowly outnumbering decliners, the blue chip index ending with growth and banks posting a small drop.
- Read more about ATHEX: Benchmark hovers near decade highs
- Log in to post comments
ATHEX: Benchmark heads higher once again
Bank stocks and a number of other blue chips worked toward a significant increase of the main index at Athinon Avenue on Monday. The benchmark is returning close to its decade highs recorded earlier this month, helped also by mid-caps, which outperformed on the day.
- Read more about ATHEX: Benchmark heads higher once again
- Log in to post comments
ATHEX: Bourse ends day and week with losses
The Greek bourse ended its first losing week in more than a month after a mixed session that saw blue chips growing but the main index as well as the majority of stocks shrinking. A number of prearranged packages sent the daily turnover very high, though net trading was rather slow.
- Read more about ATHEX: Bourse ends day and week with losses
- Log in to post comments