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ATHEX: Week ends with moderate rise for benchmark
Friday's mixed session at Athinon Avenue had the blue chip index close in the red, while the majority of stocks managed to drag the benchmark back into the black with the help of a handful of energy blue chips.
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Stocks regain 1,300 points in busy day
A favorable climate in European markets and investor interest in banks and several blue chips helped the Athens Stock Exchange return to the 1,300-point level on Tuesday.
Despite some selling towards the end, the general index gained 1.18% to close at 1,300.47 points on turnover of €92.9 million. Blue chips gained 1.34%, mid-caps 0.96% and banks 1.77%.
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Strong rebound led by banks
The Athens stock market rebounded strongly Monday, on the back of bank shares' performance and positions on other blue chips.
The general index ended up 1.74%, at 1,285.27 points, on turnover of €108.5 million.
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Market sees negative run end, for now
The Athens Stock Exchange closed with mild gains of 0.9% on Wednesday, ending a run of three negative sessions.
The general index closed at 1,279.92 on turnover of €77.3 million. Blue chips gained 0.24%, mid-caps 0.36% and banks 0.02%.
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ATHEX: Benchmark adds 1% on low turnover
Proceeding in line with fellow eurozone markets, the Greek bourse produced gains of almost 1% for the benchmark on Monday, following three sessions of decline last week. However, there was also the domestic dimension that played its part, with traders showing their satisfaction with the measures the government promised in Parliament for strengthening the capital market.
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ATHEX: New 9-year high for the benchmark
The main index of the Greek stock market closed on Monday at its highest point since June 2014, with banks driving it higher at the start of the year's second half, even though trading was the lowest of the last couple of weeks - probably due to the half-day on Wall Street, to say nothing of the summer effect.
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ATHEX: Bourse enjoys session of solid growth
Stocks enjoyed even greater gains on Thursday, following the increase of prices on Wednesday, with banks leading the Greek bourse to significant growth once their index moved back above the 1,000-point mark. The benchmark recorded another solid advance in the face of uncertainty across the rest of the eurozone, on a rare occasion of Athinon Avenue moving autonomously.
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ATHEX: Convincing session of stock gains
Athinon Avenue produced a more convincing session of gains on Wednesday, with the benchmark growing almost 1% and turnover moving above the 100-million-euro mark again. The rebound on European markets and the Fitch report that projected a fiscal overperformance for Greece, as well as the essential window dressing at the end of the year's first half, saw most stocks move up on the day.
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ATHEX: Industrial sector leads stocks lower
Traders reverted to profit-taking at the Greek bourse on Thursday, following morning gains, with refineries and industrial companies being at the focus of sellers this time instead of banks, whose index has been in decline all week. Most of the losses were recorded in the closing auctions, with the benchmark ending the session at the day's low.
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ATHEX: Benchmark advanced 12.3% in May
Amid international concern about the manufacturing index (PMI) in China, which points to a notable slowdown, stock markets in Europe showed their concern on Wednesday with prices sliding in their majority.
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