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ATHEX: Banks help index clear 610 points
Bank stocks led the Greek bourse to a day of healthy gains, with the benchmark climbing above the 610-point mark, although daily turnover still left much to be desired. After Thursday's European Union summit, traders are anticipating Friday's verdict on the Greek economy by Standard & Poor's and DBRS Morningstar.
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ATHEX: Stock growth curtailed by end of session
Despite Wednesday's early gains at Athinon Avenue, in line with most eurozone bourses, the session ended with a relatively small increase on particularly low daily turnover, which points to the market's reservations about the economy's emergence from the coronavirus crisis, especially as far as the creation of new nonperforming loans for Greek lenders is concerned.
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ATHEX: Healthy rise for stocks after recess
The Greek stock market returned to action after four days of recess with strong gains for most stocks on Tuesday on optimism that the worst of the coronavirus pandemic in Europe is over and oil prices will revert to stability after the recent agreement between oil-producing states. The late surge was bolstered by news that Greece is planning to tap the markets.
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ATHEX: Strong rise in stock market led by PPC
The decision by the European Central Bank to include Greece in an emergency bond-buying program gave Greek securities a much-needed boost on Thursday, with sovereign bond yields tumbling and stocks jumping at Athinon Avenue. Public Power Corporation closed almost at its limit-up, while banks struggled to keep up with the other blue chips.
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ATHEX: Mixed day on bourse with banks falling
The Greek stock market experienced another mixed session on Wednesday, with the majority of stocks heading south, led by banks, while several blue chips withstood the pressure to continue the rebound they had begun on Tuesday. The ban on short-selling until April 24 is set to contain the volatility recently observed at Athinon Avenue.
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ATHEX: Benchmark loses 19.3 percent in worst week since 2014
The Greek bourse completed its worst week since 2014 as its benchmark index slumped 19.34 percent due to concerns over the impact of the coronavirus outbreak on the economy. The decline continued unabated at Athinon Avenue, once again led by the banks index.
ATHEX: Local stocks stage partial recovery
Greek stocks on Tuesday reclaimed some of the ground lost in Monday's 8.3 percent slump, on very encouraging trading volume, with banks jumping by over 5 percent to cover almost half of the previous day's losses.
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Companies gearing up to tap bond markets
A number of Athens-listed companies are planning to take part in a new wave of bond issues, aiming to make the most of the favorable climate in the market and the improvement in investor confidence in Greece.
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ATHEX: Benchmark looks headed for 900 points
The Greek stock market followed the trend set by most eurozone bourses and continued its southbound course at the start of the week. This was despite the drop of the benchmark 10-year bond's yield close to 1 percent.
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ATHEX: Fourth day of stock losses
Global concerns over the expansion of China's coronavirus have taken a toll on international markets, with the Greek bourse again being no exception. Thursday's was the fourth consecutive session of losses, which so far this week have added up to 1.6 billion euros in capitalization.
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