Piraeus
ATHEX: Enthusiasm grips stock market
The Greek stock market's usual buying targets - i.e. banks and Public Power Corporation - secured considerable gains at the start of the week, taking the benchmark to a new 13-month high as the market displayed its excitement at the formal announcement of a snap general election.
- Read more about ATHEX: Enthusiasm grips stock market
- Log in to post comments
ATHEX: Trading week ends with a 1.72 pct drop for benchmark
The main index at Athinon Avenue recorded minor losses on Friday in a mixed session that witnessed pressure on stocks including Piraeus, PPC and Ellaktor, while in general the gainers outnumbered the losers by two-to-one.
ATHEX: Profit taking pushes main index off its 12-month high
The combination of traders cashing in recent gains and Greece's weaker-than-expected economic data for the first quarter of the year resulted in the majority of stocks at the Greek bourse taking losses on Tuesday.
ATHEX: Market heeds warnings and stocks decline
Warnings from the Bank of Greece and Goldman Sachs over the course of the Greek economy, not to mention international concerns on foreign markets over the raging trade war, led on Wednesday to the complete erasure of the gains recorded by the Athinon Avenue benchmark on Tuesday.
- Read more about ATHEX: Market heeds warnings and stocks decline
- Log in to post comments
ATHEX: Small rise for stocks at end of trading week
Stocks on the Athens bourse painted a mixed picture at the end of the week and ahead of another long weekend, with the benchmark edging higher right at the end of trading. The drop in turnover suggested that many traders had switched their attention to the Easter holidays.
ATHEX: OTE, banks weigh on benchmark
The decline of OTE telecom and profit taking in bank stocks saw the benchmark of the Greek bourse ease somewhat on Wednesday from Tuesday's nine-month highs, although the majority of stocks remained in the black for one more session. Reports on election handouts by the government did not help blue chips or bond prices, which also slipped from recent highs.
- Read more about ATHEX: OTE, banks weigh on benchmark
- Log in to post comments
ATHEX: Small decline after robust stock growth
Bank stocks' recent gains were bound to lead to profit taking at some point. That point came on Thursday, but barely affected the rest of the market, as mid-caps and small-caps headed higher to split the board between winners and losers.
- Read more about ATHEX: Small decline after robust stock growth
- Log in to post comments
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.
- Read more about ATHEX: Banks keep driving stock index higher
- Log in to post comments
ATHEX: Losses offset by the end of bourse session
The closing auctions erased almost all of the earlier losses at the Greek bourse on Thursday, with the benchmark ending the day virtually unchanged and the blue chip index continuing its rise thanks to support from OTE and OPAP.
- Read more about ATHEX: Losses offset by the end of bourse session
- Log in to post comments
ATHEX: Bourse rises at start of week
After another impasse at Monday's Euro Working Group, the Athens bourse shook off the pressure on bank stocks on Tuesday, with the majority of stocks and the benchmark heading higher on a day of healthy turnover.
- Read more about ATHEX: Bourse rises at start of week
- Log in to post comments