Mytilineos

OpenCalais Metadata: Ticker

MYTX

ATHEX: NBG leads stock market index lower

Thursday offered investors another bank-centered decline for stocks, which came with a drop in turnover too. The benchmark at Athinon Avenue took significant losses and even closed at the day's low, pointing to a trend for a further drop on Friday morning at least. Observers say the market is waiting for the sale of blue chip Terna Energy to unleash some liquidity.

ATHEX: Index losses offset by closing bell

Stocks at Athinon Avenue offset the early post-election losses on Monday to keep the benchmark in the black by the closing, even though the majority closed in the red. Banks - led by Eurobank - had a positive day and contributed significantly to the recovery of the main and blue chip indexes, though turnover left a lot to be desired.

Leading Greek industrialists call for a European restart

Two leading Greek businessmen, Hellenic Federation of Enterprises (SEV) President Dimitris Papalexopoulos and Eurometaux President Evangelos Mytilineos, expressed their anxiety about the future of the European Union, speaking at an event by the federation ahead of next month's European elections.

ATHEX: Second day of decline for stocks

The Athens bourse on Wednesday remained on the downward course it started on Tuesday, coming off Monday's 13-year highs. This was in line with the negative mood in the rest of the eurozone's stock markets. Trading was dominated by the share packages of the Mytilineos group (just over 5% of its shares ahead of its London listing to come) that sent turnover soaring on the day.

Mytilineos contemplates international stock exchange listing

Athens-listed group Mytilineos is considering listing its shares on an international stock exchange, which could be the London Stock Exchange, within the next 12-18 months, taking into account its increasingly diversified and international geographic presence and aiming to increase the marketability of the shares for the benefit of investors.

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