Public Power Corporation
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ATHEX: Benchmark hovers near decade highs
The Greek stock market managed on Tuesday to hold on to some of its mid-session gains, with the benchmark closing near the decade-high recorded on January 15. Stocks showed a mixed picture, with the gainers narrowly outnumbering decliners, the blue chip index ending with growth and banks posting a small drop.
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ATHEX: Rising streak ends at the stock market
Tuesday's decline at the Greek stock market was widely anticipated following eight consecutive sessions of gains for the benchmark that came off Monday's 10-year high. Traders cashed in recently accumulated profits, with the main index posting its biggest daily slide in three months.
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Most electricity consumers go ‘green’
The vast majority (95%) of electricity consumers have chosen the so-called "green" rates (more than 85% of private providers' customers and almost all of Public Power Corporation's customers) and few seem willing to move to another tariff or provider, as they wait for February's rates to be set.
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ATHEX: Solid start to the year for bourse
The Greek stock market entered the new year with a strong performance, as its index earned 14 points to climb to levels unseen since end-August. The closing auctions had most of the day's action, with the benchmark closing above the 1,300-point mark, albeit well below the day's highs. Banks and PPC were the main drivers of the price growth.
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Giants joining forces in RES
The agreement Public Power Corporation signed on Wednesday through its PPC Renewables subsidiary with the Copelouzos and Samaras groups for the acquisition of shares in the company Thrakiki Wind 1 SA brings the utility ahead in the race for offshore wind farms, given its license for the 216-megawatt offshore wind park off Alexandroupoli.
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ATHEX: Benchmark and turnover head lower
As Christmas approaches, the action is slowing down at the Greek stock market, with the turnover dropping further on Thursday and the benchmark coming off Wednesday's 16-week high to settle for a point and a half below the 1,300 mark. Yet with five sessions left till the end of the December, 2023 is certain to be another particularly positive year for Athinon Avenue.
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ATHEX: Benchmark climbs above 1,300 points
Wednesday's mixed session at the Greek stock market may have seen the majority of stocks (including banks) decline and the daily turnover revert to more subdued seasonal levels, but the benchmark continued its ascent for a second straight day to climb to levels unseen in 16 weeks, above the 1,300-point mark.
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ATHEX: Index rises to highest in 15 weeks
Athinon Avenue returned to its rising course on Tuesday, with the benchmark climbing to a new 15-week high, on the verge of 1,300 points. Banks - especially Eurobank - outperformed, and alongside some other key blue chips lifted the main index to its highest point since September 1.
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ATHEX: Rise goes on as turnover increases
The benchmark of the Greek stock market on Thursday built on the gains recorded in previous sessions to rise to another 14-week high, very close to the 1,300-point level, that it temporarily surmounted. The rotation of stocks in focus continued, as in this case it was non-banking blue chips and mid-caps that drew most of the buyers' attention.
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PPC shareholders approve expansion of activities
Public Power Corporation (PPC) shareholders approved by 98% of the vote a change to some of the company's articles of incorporation that will allow it to expand activities to trade in technology products and provide information services, on Thursday.
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