Sarantis

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SAR

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GR. SARANTIS S.A.

ASE drops under selling pressure

A subdued session saw Greek stocks decline slightly on Thursday, in contrast to the gains in other European markets.

Most banks and blue chips faced selling pressure, but not excessively.

The ASE general index closed at 1,313.20 points, 0.30% lower on turnover of €84.9 million. Blue chips dropped 0.31%, mid-caps 0.24% and banks 0.13%.

Stocks gain slightly, but banks drop

The Athens Stock Exchange posted mild gains on low turnover Wednesday, but underperformed European markets, which bounced bank after the Italian government watered down a plan for a windfall tax on banks.

The ASE general index closed at 1,317.18 points, up 0.46%, on turnover of €65.65 million. Blue chips gained 0.38% and mid-caps 0.15%, while banks declined 0.26%.

Stock market loses grip on early gains

The Athens Stock Exchange proved unable to hang on to early gains recorded on Tuesday. The ASE general index, which got close to its highest levels since 2014, ended down 0.84%, closing at 1,324.28 points.

Negative trends in other European stockmarkets finally were felt in Athens.

Blue chips lost 0.91% and mid-caps dropped 1.35%. Banks lost 0.78%.

ATHEX: Stock market index edges even higher

A number of energy and industrial blue chips kept the Greek stock market benchmark on a positive course on Friday, in the face of the decline of the majority of stocks and the banks index. The main index ended the week at another nine-year high through its marginal growth, which revealed fatigue on the part of traders and the resilience of some index-heavy stocks. 

ATHEX: Blue chips drive stock index higher

Even without the support of bank stocks, the Athens bourse benchmark soared to yet another nine-year high on Wednesday, in line with the positive mood across eurozone markets. Four out of the 21 non-banking blue chips closed at historic highs, also helped by the Scope Ratings report about the growing prospect of Greece regaining investment grade.

ATHEX: Benchmark drop stops at 1,300 pts

In the last couple of hours of Monday's session the Greek stock market succumbed to pressure from a combination of factors that sent prices lower: The underperforming Chinese economy, the decline of other eurozone bourses and the significant losses of Coca-Cola HBC, the market's biggest stock, conspired to inflict significant losses on the Athinon Avenue benchmark that came off Friday's nine-ye

ATHEX: Benchmark hits another 9-year high

Friday's narrow trading session at the Greek stock market concluded with some gains for most, at the end of a week of price growth that sent the benchmark to yet another nine-year high at the close. Barring any unforeseeable factors, the short-term trend at Athinon Avenue remains positive, with prices rising in line with the temperatures.

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