Cenergy Holdings

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CSI-Cenergy Holdings, LLC

ATHEX: Bourse reacts to four days of contraction

The Greek stock market reacted after four consecutive sessions of decline to post significant gains on Tuesday, and on notable trading volume too. Traders appear to have taken for granted that DBRS Morningstar will this Friday restore Greece's investment grade rating, and if that does not materialize the bourse will likely take a nosedive as of Monday.

ATHEX: Index fails to surmount 1,350-pt mark

The vast majority of Greek stocks ended Thursday's trading session with gains, but some non-bank blue chips held the benchmark back from hitting a new nine-year high and the 1,350-point level, which remains elusive for now. The positive messages from the US Fed and the European Central Bank create a favorable climate for further price growth in the coming days, analysts note.

ATHEX: Bourse hits level unseen since 2014

The Athens bourse reverted to its rising course with renewed strength on Tuesday, as the benchmark of the market climbed to highs unseen since early April 2014 thanks to the positioning of several investors in local companies ahead of Greece's much-anticipated credit rating upgrade. Still, the main index stopped short of the 1,350-point mark, closing three points off the mid-session high.

ATHEX: Stock market index edges even higher

A number of energy and industrial blue chips kept the Greek stock market benchmark on a positive course on Friday, in the face of the decline of the majority of stocks and the banks index. The main index ended the week at another nine-year high through its marginal growth, which revealed fatigue on the part of traders and the resilience of some index-heavy stocks. 

ATHEX: Blue chips drive stock index higher

Even without the support of bank stocks, the Athens bourse benchmark soared to yet another nine-year high on Wednesday, in line with the positive mood across eurozone markets. Four out of the 21 non-banking blue chips closed at historic highs, also helped by the Scope Ratings report about the growing prospect of Greece regaining investment grade.

ATHEX: Benchmark adds 1% on low turnover

Proceeding in line with fellow eurozone markets, the Greek bourse produced gains of almost 1% for the benchmark on Monday, following three sessions of decline last week. However, there was also the domestic dimension that played its part, with traders showing their satisfaction with the measures the government promised in Parliament for strengthening the capital market.

ADMIE, Hellenic Cables ink interconnection deal

Hellenic Cables, the cables segment of Cenergy Holdings, signed a contract with Greece's Independent Power Transmission Operator (ADMIE) on Monday, in the context of the fourth phase of the Cyclades interconnection with the continental Electricity Transmission System, concerning the electrical interconnections of Lavrio-Serifos and Serifos-Milos, Greece, with a total length of 170 kilometers.