OpenCalais Metadata: Ticker


Athens benchmark registers sixth day of stock gains

The Athens stock exchange general index headed upward for a sixth consecutive day on Tuesday, rising by 1.56 percent to 1,177.35 points.

This means that the benchmark has risen by a total of 8.36 percent over the last six sessions.

There was a big increase in the turnover during Tuesday’s session.

It reached 92.84 million euros, compared to 44.7 million on Monday.

Banks reject stress test concerns

 Sector's denial of any capital injection needs receives backing from positive report delivered by JPMorgan

Greek banking sources are denying reports that the sector will need a new round of increased capital support, announcing that no such news has been delivered to them by the European Central Bank.

Banks drag Athens bourse benchmark 2.51 pct lower

Bucking trends elsewhere in Europe, Greek equities came under strong pressure on Monday, following four straight winning sessions.

The slide was led by banks, which accounted for more than half of turnover.

Piraeus was down 2.11 percent to 1.39 euros, National shed 3.33 percent to 2.32 euros and Alpha gave up 2.46 percent to 0.595 euros.

Recession appears to be abating

The end of the Greek recession appeared well within sight on Wednesday, as the country’s gross domestic product contracted at the slowest pace in six years in the second quarter of 2014, according to figures released by the Hellenic Statistical Authority (ELSTAT).