Mytilineos
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ATHEX: Investors focusing on stock picking
For the third day in a row the benchmark of the Greek stock market closed with losses that affected half the board's stocks. However, on Thursday the turnover was significantly increased compared to previous days. Banks led the decline, with the exception of National Bank, while corporate results continued to dictate the moves of investors.
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ATHEX: Dead heat for winners and losers
Blue chips gave up some ground on Tuesday at the Greek stock market, although overall losing stocks matched the exact number of gainers on the day. The benchmark came off Monday's seven-week high with some gains cashed in by traders, while certain non-bank large-caps remained on an upward course for another day.
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ATHEX: Mid-caps take bourse index higher
Despite the drop of banks stocks, which left the blue chip index unchanged on the day, the benchmark of the Greek stock market posted a minor increase on Wednesday on the back of the notable rise recorded by mid-caps. The market saw a significant majority of rising stocks in this fourth straight day of price growth, and a decline in the day's trading volume.
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ATHEX: Cautious optimism at Athinon Ave
The Greek bourse has entered the week of major companies' third-quarter result announcements, and traders remained rather cautious on Monday, opting to heed the trend set by the rest of the European markets - i.e. slightly upward on reduced turnover. Mid-caps outperformed, with the majority of stocks securing gains at the start of the week.
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ATHEX: Alpha cheer spreads at local bourse
Tuesday's session at Athinon Avenue was a one-stock show as it was the first day of trading for Alpha Bank after the major proposal tabled by UniCredit for the Greek lender's stake that bank bailout fund HFSF holds, and the merger of the Italian bank's operations in Romania with those of Alpha. As a result Alpha jumped 12.44%, while most other local stocks registered gains too.
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Mytilineos acquires Imerys Bauxites
Mytilineos Energy & Metals on Tuesday announced the signing of an agreement with the French company Imerys for the acquisition of 100% of the shares of Imerys Bauxites Greece Single Member Societe Anonyme for 10 million euros. The agreement concerns all bauxite mining activities in the Fokida area, which will now be part of Mytilineos' metallurgy branch.
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Stocks slide after four days of gains
Greek stocks dropped slightly Wednesday after four sessions with cumulative gains of 1.90%. The general index closed at 1,316.94 points, a drop of 0.11%, although it was up 0.30% at one point.
Turnover was €95.54 million with 24,001,624 shares changing hands. Of the 120 shares traded, 43 rose, 61 declined and 16 ended unchanged.
Blue chips slipped 0.12% and mid-caps 0.37%.
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Stocks limit early gains,end up 0.16%
Greek stocks posted slight gains Tuesday but ended below 1,320 points after failing to hold on to early gains.
The ASE general index closed at 1,318.34 points, up 0.16%, having risen as high as 1,324.85 (0.65%) intrasession. Blue chips gained 0.29% and mid-caps 0.18%. Turnover was €90.81 million.
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Index stops just short of 1,300 points
The Athens Stock Exchange once again posted very slight gains, but at least the general index reversed four weeks of losses, posting a nearly 3% rise for the week.
The main index gained 0.30% Friday, closing at 1,299.76 points. Turnover was quite low, at €59.6 million. Blue chips gained 0.21% and small-caps 0.43%, while banks lost 0.98%.
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ASE fails to hold on to early gains
The stock market could not hold on to early gains Wednesday after deteriorating Purchase Managers' Index (PMI) numbers soured the mood in European markets.
The general index closed at 1,293.73 points, down 0.52%, on a low turnover of €71.7 million. Blue chips dropped 0.61%, mid-caps 0.31% and banks 0.15%
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