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ATHEX: Benchmark grows 4.2% in February
February ended at the stock market with an impressive session, that extended the month's gains for the benchmark and doubled the daily turnover, due to yet another stock rebalancing. That was the fourth consecutive month of growth for the main index, which has augmented 4.19% since end-January.
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ATHEX: Benchmark remains over the 1,400-point mark
Stocks at the Greek stock market continued their mild decline on Wednesday for a second session in a row, with a number of blue chips posting a decline and only a few resisting the pressure that could have brought the benchmark below the 1,400-point mark. The week continues in a quiet mode ahead of next week's expected placement of the state's 27% holding in Piraeus Bank.
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ATHEX: Minor losses for majority of stocks
Another mixed session at the Greek bourse on Tuesday had the majority of stocks and the main index lose some ground, though banks heahed the other way, as investors continue to have very selective approach to their stock moves these days.
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ATHEX: Thin trade at bourse as market waits
Greek stocks showed little movement on Monday, with the benchmark and the mid-caps edging higher while banks posted a decline, on a day of significantly reduced turnover. Rising stocks narrowly outnumbered those which declined, with the market hoping for corporate news that would give it some direction.
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ATHEX: Moderate decline for most stocks
The Greek stock market appeared to have run out of steam, with mixed results and little buying interest of note for many stocks for a second day on Thursday. Despite the rise of the banks index and mid-caps, the benchmark could not avoid posting minor losses on Thursday, though it is clear there is no intention for a move toward lower price levels.
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ATHEX: Stocks ease but drop is moderated
Stocks took a dive at Athinon Avenue on Wednesday, though they had largely recovered by the close of trade.
Buyers appeared to skip most of that session, with interest focusing on the upcoming placement of the 27% stake the state still controls in Piraeus Bank, expected in the first week of March.
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ATHEX: Minor gains extend rally of benchmark
The Greek stock market managed on Tuesday to maintain the gains its had secured on Monday and added some more for its benchmark, which climbed to yet another 13-year record high, even though the mid-cap index and the majority of stocks headed south. The local bourse continues to show resilience and is expected to continue down the same path for the next few weeks at least.
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ATHEX: Benchmark reaches new 13-year peak
The Greek bourse may have seen a decline in daily turnover on Monday, owing to the US holiday that kept the New York stock market closed, but most stocks posted significant gains, leading the benchmark to a new 13-year high. Growth was evenly spread across the market, confirming that investors, especially from abroad, are seeking out opportunities in the lower capitalizations too.
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ATHEX: Benchmark expands for fourth week
Athinon Avenue ended its fourth consecutive week of gains on Friday with a minor increase for its benchmark that extended its weekly gains somewhat, although the first few hours of the session had promised significantly higher price growth. This follows the positive momentum observed across most other European markets and is expected to prevail for the week to come, too.
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ATHEX: Mixed day sees stock index slip
The Greek bourse had a mixed session on Thursday, with stocks almost split between gainers and losers, the benchmark posting a minor loss despite spending the first few hours in the black, and mid-caps showing growth. Coca-Cola HBC stood out for a second day in a row, following its impressive 2023 results.
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