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ATHEX: Local index slumps below 1,400-pt mark

The index rebalancing, the constant rally of stocks in recent weeks, the decline of Piraeus Bank (the protagonist of the past week) and the reservations investors showed in foreign markets contributed to a day of major losses at the Greek stock market on Monday, which brought the benchmark below the 1,400-point mark on unusually high turnover.

ATHEX: Index hits highest level since 2011

The performance of the Greek stock market has got everyone reaching for their record books, as the benchmark at Athinon Avenue climbed to its highest point since May 2011 on Thursday. Banks were again the driver of growth, while some blue chips that have recently recorded major gains experienced some profit-taking at the start of the new month.

ATHEX: Favorable outlook for local bourse

The main index of the Greek stock market ascended close to this week's decade high on Friday, with traders focusing on certain blue chips, although mid-caps underperformed this time. A report by Alpha Finance on Friday pointed to an increase of 15% to 25% for the benchmark of Athinon Avenue this year. In fact it has already gained 5.24% since the year started.

ATHEX: Benchmark takes another step higher

Unfazed by the decline of the banks index and the majority of stocks, the main index of the Greek stock market started the week with its eighth consecutive session of growth to register yet another 10-year high. A profit-taking move now appears long overdue. The daily trading volume was predictably reduced, given the holiday in the US.

ATHEX: Bourse hits yet another decade-high

For a third day in a row, the Greek stock market's benchmark rose to new highs on Friday despite a decline in mid-caps and the majority of stocks. The main index at Athinon Avenue has therefore recorded yet another 10-year high in the face of profit-taking for most of the day's session. This seventh consecutive session of index gains had the lowest daily turnover of the week.

ATHEX: Benchmark makes new five-month high

A universal move upwards for stocks in the Greek bourse on Monday led the benchmark to major gains and the daily turnover well above the 100-million-euro mark. The main index has now climbed to levels unseen since the end of last July, while investors are also looking forward to the listing of Athens International Airport that the government has decided.

ATHEX: Benchmark hits new four-month high

After Wednesday's respite, the benchmark of the Greek stock market reverted to its upward course on Thursday to record a new four-month high, vindicating a large portion of observers who believe that, after Greece regained its investment-level credit rating, the only way is up for stocks at Athinon Avenue. The daily turnover figure is also gradually recovering.

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