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Stocks slide anew as bears get settled
The trading week in Greece got off to another southbound start, with the benchmark sliding by as much as 2.5 percent midsession before climbing again and containing losses to just over 1 percent. It appears that the bears are getting settled at Athinon Avenue and wont be moving until the political landscape clears.
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Stock slide continues but curtailed
Statements from Brussels regarding continued support to Greece allayed investor fears on Thursday, averting a third consecutive day of hair-raising losses, but the unfavorable European climate with most markets suffering due to concerns about growth and Ebola kept the local index firmly in the red for another day. Ten-year bond yields soared to 8.93 percent.
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Bourse index twice dips beneath 1,000 points
Chalking up a fifth straight week of losses on Friday, the Greek benchmark slid below the 1,000-point level on more than one occasion before the end the session. It twice fell to 998 points but both times immediately bounced back up, finally closing at just under 1,005 points.
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Sixth straight day of losses for bourse
Investor uncertainty in Athens continued to push the benchmark index to new 12-month lows on Wednesday the sixth losing session for most local stocks but at least it remained above the crucial 1,000-point level.
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Main stock index slides for 6th month in succession
The moderate growth posted by the Athens benchmark at the end of Tuesdays trading failed to avert another monthly drop the sixth in a row for the Greek bourses main index, which in September gave up 8.63 percent of its value. It was the first time in three years that the bourse declined for a sixth month in succession.
Greek stocks post weekly losses of 3 percent
Hopes of the Greek benchmark extending its four-week rising streak were crushed on Friday as the sessions stock decline sealed a week of losses that came to 2.99 percent for the main index, while daily turnover averaged 21 percent below last weeks.
The Athens Exchange (ATHEX) general index ended at 1,161.28 points, shedding 0.46 percent from Thursdays 1,166.60 points.
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September off to slow start in Greek bourse
September started with marginal losses at the Greek bourse and the fourth-lowest daily turnover this year as investors continued to stay away due to the lack of a clear fiscal landscape ahead of talks between Athens and its international creditors. The revision of the economic contraction during the second quarter by ELSTAT did not help matters either.
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Fifth straight day of losses on Greek bourse
Stocks declined in their majority for the firth day in a row in the Greek market on Friday, painting the entire week in red as the benchmark suffered losses of 4.26 percent compared with the end of the previous week. Since the start of the year the index has seen marginal gains of just 0.02 percent.
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Bourse ended April with a blue-chip rally
The last session of April saw blue chips stage a rally that saw the benchmark reclaim 1,230 points and turnover exceed 250 million euros, including several prearranged transactions.
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Index starts rising again on good news for banks
The thumbs-up given by Moodys to Greek banks, coupled with the expected return of Eurobank and Viohalco to the blue-chip index ended the decline of Greek stocks with a late rally that gave the benchmark marginal gains on Tuesday.
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