Motor Oil

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MOR

ATHEX: Benchmark rebounds by almost 1 pct

Buyers got back to strengthening their positions on the Greek bourse on Wednesday, taking the majority of stocks close to the day's highs at the close after a rather wobbly start due to the release of the European Commission's third assessment report. Even so, the session's turnover was less than half that recorded on Tuesday.

Rise in sales, drop in profits for blue chips in 2018

The 25 companies that make up the FTSE 25 large-cap index at Athinon Avenue recorded an increase in sales last year - mainly thanks to a robust second half - and a decline in their operating and net profits because of one-off negative results for several blue chip companies, according to data Beta Securities has prepared for Kathimerini.

ATHEX: Banks keep driving stock index higher

The expected approval of a 1-billion-euro disbursement to Athens by Friday's Eurogroup, after Wednesday's favorable European Commission report, secured further gains for the majority of stocks at Athinon Avenue, which was accompanied by the continuing decline of Greek bond yields. The stock benchmark climbed to its highest level in almost eight months, just short of 750 points.

ATHEX: Most stocks head lower

After five days of gains and the buying fatigue recorded late on Monday, stocks at Athinon Avenue recorded notable losses on Tuesday, bucking the trend seen on other eurozone markets, with turnover remaining low. The next couple of days will determine the direction of the market up to the end of the month.

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