Hellenic Exchanges

ATHEX: Bank stocks stage rebound, adding 8.1 pct

Oversold bank stocks staged a remarkable rebound in Thursday's bourse session, with Alpha and National announcing a return to profit in July-September at the end of the trading day. The Athens Exchange (ATHEX) was also buoyed by rallying international markets, the drop in Greek bond yields and a favorable report by Moody's on the Bank of Greece proposal for slashing bad loans.

ATHEX: Clouds gather over credit stocks again

The messages coming from the 13th Annual Greek Roadshow in London appeared to take a toll on bank stocks on Thursday, as they were hit with fresh losses, while investors will be keeping an eye out during September's triple witching on Friday as it is considered a key indicator regarding the market's course over the medium term.

ATHEX: Stocks recover after week and a half of losses

The improvement in the mood on global markets along with the rise in the prices of Italian and Greek bonds and Prime Minister Alexis Tsipras's rather measured financial pledges at the Thessaloniki International Fair over the weekend - which appeased traders - led to a significant rebound of Greek stocks on Monday after a week and a half of constant decline for the benchmark.

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