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ATHEX: Benchmark narrowly stays above 800 points
The benchmark of the Greek stock market narrowly managed to avoid dropping below the 800-point mark on Monday as investors indulged in profit taking following the recent gains enjoyed by most stocks. All but two blue chips suffered losses, led by banks, in line with most other European markets.
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ATHEX: Benchmark comes off record highs
Athinon Avenue eased off Monday's 11-month highs on Tuesday, with the benchmark dropping just over 1% on lower trading volume than on Monday. Banks headed south, but energy stocks mostly headed higher again. Observers consider this cashing in of recent gains quite predictable.
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ATHEX: New strain sent stocks into nosedive
The imported worries about the impact of the new strain of the coronavirus, along with the impasse in the Brexit deal discussions, took a heavy toll on the local stock market too on Monday, although the benchmark almost halved the losses it had suffered mid-session.
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ATHEX: Stock picking on the bourse
Thursday's bourse session was relatively quiet ahead of Friday's triple witching, with some selective profit-taking among blue chips. Stocks were split between winners and losers, with banks showing some significant fluctuations before settling for moderate losses.
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ATHEX: Stock index flirting with 800 pts again
Fresh hopes of a Brexit deal on Tuesday gave stocks across Europe a fresh push, with Greek stocks following suit to take the local market's benchmark back up to within striking distance of the 800-point level. Turnover has increased in the last few sessions, this being the last full trading week of the year.
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ATHEX: Index record not seen in over 23 years
The Greek stock market has not seen a streak of 14 northbound sessions in a row since 1997, or at least it hadn't until Wednesday, as news of the upcoming Covid-19 vaccine program - a light at the end of the tunnel for the economy too - sent shares higher again.
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ATHEX: Index at level unseen since last February
The Greek bourse benchmark climbed on Friday to highs unseen since late February after its 11th consecutive day of gains, which were quite handsome too, on the day the third-quarter growth data were issued. Likewise, the Greek benchmark 10-year bond yield reached a new low on Friday, at 0.626 percentage points.
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ATHEX: NBG leads main stock index higher
The Greek stock market saw in the month of December with another session of robust growth on Tuesday, driven by the four systemic banks. The better-than-expected third-quarter results posted by National Bank gave the credit sector that extra push, which also took daily turnover well beyond the 100-million-euro mark.
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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: Soft landing for bourse
Traders had appeared set to cash in recent stock gains at Athinon Avenue on Thursday, but the European Central Bank's announcement that assistance for eurozone member-states would be boosted contained the drop in prices, while the mid-cap index went up.
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