GEK Terna

ATHEX: Late rally takes index over 1,400 pts

A late rally at Athinon Avenue gave the benchmark of the Greek bourse fresh momentum on Thursday, allowing it to easily surpass the 1,400-point barrier and close the day on a high. Non-bank blue chips outperformed, boosting a market that continues to have very high daily turnover levels since the placement of Piraeus Bank shares last week.

ATHEX: Dead heat for stocks in bourse

Stocks were evenly split between winners and losers at Wednesday's session in the Greek bourse, though the benchmark recovered half of the ground it had lost on Tuesday, all in the context of the completion of Piraeus Bank's share placement. This has absorbed a significant portion of the market's liquidity, not only this week but also in the previous couple of weeks.

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.

Kalamata Airport sale plan

The Superfund plans to have received binding financial offers for the concession of Kalamata airport by the end of June, so as to complete the signing of the concession contract by the end of the year, to be ratified by the Parliament.

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