Public Power Corporation
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PPC completes full year with operating profits
Public Power Corporation on Tuesday reported pre-tax profits of 46.6 million euros in the January-September period, from a loss of €416.8 million in the same period last year.
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ATHEX: Index rises for the fourth week in a row
The Greek bourse benchmark climbed on Friday to highs unseen in almost nine months - i.e. throughout the time of the pandemic in Greece - boosted by aspirations for a strong recovery next year when the vaccines arrive. This was the fourth consecutive week of gains for the local market, which has recovered a large share of the losses incurred over the year.
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ATHEX: Stock index at 8-month high
The Greek stock market appears determined to stretch its November momentum through to the end of the month, as it enjoyed significant gains on Thursday that took its benchmark to a new eight-month high.
The Athens Exchange (ATHEX) general index ended at 726.92 points, adding 3.08% to Wednesday's 705.21 points. The large-cap FTSE 25 index expanded 3.34% to close at 1,725.52 points.
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ATHEX: Bourse index rises despite banks' drop
Bank stocks and the rest of the Greek stock market appeared to be in two parallel universes on Wednesday, as the former suffered losses after days of growth, while the vast majority of listed companies enjoyed gains for another day, taking the benchmark higher.
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PPC turns to renewables
Electric power 0company Public Power Corporation (PPC) is moving toward boosting energy production from renewable energy and ridding itself of its historical reliance on inefficient and highly polluting lignite, also known as brown coal.
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ATHEX: Bourse grows 4.5% in one day
World markets were upbeat on Tuesday, following the announcement of bolstering measures by the central banks of the US and Japan, while expectations for an economic rebound starting in the second half of the year added to global stocks' upward swing. In Greece, Athinon Avenue enjoyed a day of significant gains that rose over the course of the day across the board.
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Seven bidders shortlisted for gas supplier DEPA Commercial
Greece's privatization agency (TAIPED) said on Tuesday that it has shortlisted seven investors for the purchase of a majority stake in the country's dominant gas supplier, DEPA Commercial.
ATHEX: Promising end to a week of stock losses
After a session of ups and downs, buyers retained the upper hand in the closing auctions at the Greek stock market on Friday and pushed the benchmark into the black after three consecutive days of losses.
The Athens Exchange (ATHEX) general index ended at 646.80 points, adding 0.29% to Thursday's 644.90 points. On a weekly basis it declined 5.36%.
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ATHEX: Stocks drop as traders buy T-bills
Losses accelerated at the Greek stock market on Wednesday as buyers were far outnumbered by buyers and the benchmark closed at the day's low. Bank and energy stocks lost much of the ground gained in recent days.
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ATHEX: Index slides in spite of bank growth
Bank stocks continued their advance on Tuesday, while investor attention was focused on the benchmark bond issue, but non-banking stocks dragged the main index lower at the start of this four-day trading week at Athinon Avenue.
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