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Greek stocks end lower on bank share sell-off
The benchmark of the Athens Stock Exchange (ATHEX) retreated on Thursday following a sell-off in banking shares.
The ATHEX general index ended at 754.65 points, down 0.45 percent from Wednesday's 758.04 points, recording an intraday low of 753.89 points.
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ATHEX benchmark posts drop after system glitch
Greek stocks retreated on the Athens Stock Exchange (ATHEX) on Wednesday, while turnover was particularly low following a technical glitch.
ATHEX trading was temporarily suspended from 12.45 to 1.40 p.m. due to a general technical problem that affected the price data feed subsystem.
The ATHEX general index ended at 758.04 points, down 0.43 percent from Tuesday's 761.29 points.
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Alpha, Eurobank to sell three NPL portfolios by end-2018
Alpha Bank and Eurobank are set to complete the sales of three portfolios of nonperforming loans valued at 4.7 billion euros by end-2018, bringing the total face value of loans unloaded by the country's four systemic banks above 20 billion euros (including interest).
ATHEX: Bank stocks index slumps 2.4 percent
Pressure on foreign markets and Greek bonds never leave local stocks unaffected, although the overall picture was quite mixed again on Thursday, with mid-caps making a recovery.
The Athens Exchange (ATHEX) general index ended at 755.93 points, easing 0.75 percent from Wednesday's 761.66 points.
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Bank stocks index slumps 2.4 percent
Pressure on foreign markets and Greek bonds never leave local stocks unaffected, although the overall picture was quite mixed again on Thursday, with mid-caps making a recovery.
The Athens Exchange (ATHEX) general index ended at 755.93 points, easing 0.75 percent from Wednesday's 761.66 points.
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ATHEX: Trading volume sinks to 16 mln euros
August dawned on the Greek bourse with a return to poor trading volume on Wednesday. Still, the Athens Exchange (ATHEX) benchmark ended in the black after earlier losses were offset during the closing auctions.
The ATHEX general index ended at 761.66 points, adding 0.06 percent to Tuesday's 761.23 points.
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Trading volume sinks to 16 mln euros
August dawned on the Greek bourse with a return to poor trading volume on Wednesday. Still, the Athens Exchange (ATHEX) benchmark ended in the black after earlier losses were offset during the closing auctions.
The ATHEX general index ended at 761.66 points, adding 0.06 percent to Tuesday's 761.23 points.
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Societe Generale Close to Sale of Bulgarian Bank to Hungary's OTP
SOFIA (Reuters) - French bank Societe Generale (SOGN.PA) is in final talks to sell its Bulgarian unit to Hungary's OTP Bank OTPB.BU and is likely to announce the deal this month, two sources familiar with the process said.
Greek banks agree loan-servicing deal with Italy-based doBank
The top four Greek banks agreed to have Italy's doBank manage a combined 1.8 billion euros worth of their non-performing credit, the banks said on Wednesday.
DoBank will manage the non-performing debt held by Piraeus, National, Eurobank and Alpha of more than 300 Greek small and mid-sized businesses, facilitating restructuring when it's feasible, the banks said.
ATHEX: Stocks edge higher on increased turnover
The Athens Exchange (ATHEX) registered its highest daily turnover in 22 sessions following the publication of the International Monetary Fund's Article IV report on Tuesday, although there was a mixed overall picture for local stocks, with mid-caps sliding.
The ATHEX general index ended at 761.23 points, adding 0.40 percent to Monday's 758.18 points.
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