Piraeus Bank
OpenCalais Metadata: Ticker
Bourse puts end to 6-day losing streak
The stock market finally regained some lost ground on Thursday after six straight days of decline to send its benchmark just over the 1,025-point level.
The Athens Exchange (ATHEX) general index ended at 1,025.05 points, adding 1.70 percent to Wednesdays closing of 1,007.94 points. The large-cap FTSE/ATHEX 25 index expanded 1.76 percent, ending at 333.97 points.
- Read more about Bourse puts end to 6-day losing streak
- Log in to post comments
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.
- Read more about Sixth straight day of losses for bourse
- Log in to post comments
Finance Ministry needs to go back to the drawing board over NPLs
Inspectors from the International Monetary Fund, the European Central Bank and the European Commission tasked with assessing Greece's progress in structural reforms have asked for a comprehensive approach to nonperforming loans that will incorporate measures for settling both corporate and household debt, a Finance Ministry official who attended talks in Athens on Tuesday told the state-run Ath
Week ends with losses of 3.38 pct
The benchmark for Greek stocks completed its fourth consecutive week of losses on Friday, giving up 3.38 percent from the previous Friday. However, things could have been worse as it narrowly avoided posting a new year-low by bouncing back from below 1,040 points.
- Read more about Week ends with losses of 3.38 pct
- Log in to post comments
Bank gains fail to prop up benchmark
Reports about the European Central Bank being ready to factor the Greek banks restructuring plans into the stress tests, and to include junk bonds such as those of Greece in the ABS bond-buying program were enough to send bank stocks higher but not to keep the benchmark afloat on Wednesday.
- Read more about Bank gains fail to prop up benchmark
- Log in to post comments
Terror group link prompts police raids and arrests
Police found a Kalashnikov assault rifle, a handgun, a hand grenade and numerous bullets Wednesday while searching homes in Athens and Thessaloniki used by six people who were detained and are linked to bank robberies and possibly terrorist activity.
- Read more about Terror group link prompts police raids and arrests
- Log in to post comments
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.
End auctions take edge off day’s stock losses
The local bourses weekly losses came to a painful 5.41 percent at the end of Fridays session, when the benchmark spent most of the day in the red but managed to redeem itself slightly thanks to a strong showing by buyers in the closing auctions.
The Athens Exchange (ATHEX) general index ended at 1,086.50 points, shedding 0.14 percent from Thursdays 1,087.98 points.
- Read more about End auctions take edge off day’s stock losses
- Log in to post comments
The Banker: KTB Among Top 10 EU Banks in Tier 1 Capital Increase
Bulgaria's Corporate Commercial Bank (KTB) has made it to the Top 10 in terms of Tier 1 capital increase in this year's EU banks ranking of The Banker magazine.
Stocks post correction after Friday’s major gains
After posting unexpectedly high growth (3.67 percent) on Friday, the Greek benchmark headed south on Monday, as investors were not convinced by the FTSE decision to allow the local market to keep its developed label (for now), given that it had been demoted to emerging status by MSCI and S&P Dow Jones.
- Read more about Stocks post correction after Friday’s major gains
- Log in to post comments