Sarantis

OpenCalais Metadata: Ticker

SAR

OpenCalais Metadata: LegalName

GR. SARANTIS S.A.

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%.

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.

ATHEX: Bank stocks’ losses keep on mounting

Bank stocks came under fresh pressure on Thursday, with the benchmark yielding more ground at the close despite spending some time in the black during the day. Global pessimism regarding the economy and the World Health Organization's statement that the coronavirus may never go away weighed on most markets, with Athinon Avenue proving to be no exception.

ATHEX: Stock index sent back to 600 points

Increasing pessimism on the coronavirus pandemic's impact on the economy weighed heavily on most blue chips at Athinon Avenue on Monday, including banks, with the benchmark only just remaining above the 600-point level. Prices also suffered pressure from some negative results issued by listed companies over the last few days.

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