Viohalco

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ATHEX: Index returns to 820 points

The Greek stock market picked up the pace again on Thursday, with the benchmark gaining ground on increased turnover, although banks tipped the balance between winners and losers in favor of those that headed lower. Energy stocks are showing notable resilience, which in the view of investors points to a positive outlook for the economy in general.

ATHEX: Fresh gains for bourse

The Greek bourse benchmark advanced for a 10th consecutive session on Thursday, a streak unseen in almost four years, as stocks are now extending November's momentum into December. The index recorded a new ninth-month high - and without the help of bank stocks this time.

The Athens Exchange (ATHEX) general index ended at 766.82 points, adding 0.97% to Wednesday's 759.47 points.

Cenergy’s talks with Nexans stop

Negotiations between French multinational cable manufacturer Nexans and local Viohalco's subsidiary Cenergy Holdings on the sale of Hellenic Cables to the European giant have proved fruitless. Still, the very fact that there were such talks has placed Hellenic Cables at the center of attention among its international peers.

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