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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 Tuesday’s trading failed to avert another monthly drop – the sixth in a row for the Greek bourse’s 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 session’s 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 week’s.

The Athens Exchange (ATHEX) general index ended at 1,161.28 points, shedding 0.46 percent from Thursday’s 1,166.60 points.

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.

Bourse index drop to lows unseen since Jan. 31


Greek stocks recorded major losses on Monday as the local market continued to slide for an eighth trading day in a row after the week started with more volatility than expected and declining international markets weighed on their Athens counterpart. A rebound is due, although the upcoming Easter holidays will likely contain any risk taking.

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