Piraeus Port Authority
Slide accelerates again for Greek stocks and bonds
Bourse benchmark has lost 20 percent in the last three days
Greek securities sank afresh on Thursday as panic selling in stocks and bonds led the bourse benchmarks total losses over the last three sessions to 20 percent, with 13 billion euros wiped off the value of Greek shares, while 10-year sovereign bond yields soared over 9 percent.
- Read more about Slide accelerates again for Greek stocks and bonds
- Log in to post comments
OLP approval paves way for investment in Piraeus
By Ilias Bellos
After a stormy session, the general meeting of Piraeus Port Authority (OLP) on Tuesday approved an agreement with Cosco that paves the way for a Chinese investment of 230 million euros in the countrys biggest port.
OLP head Giorgos Anomeritis (pictured right) threatened to resign when OLP unionists tried to block his entry to the conference hall.
- Read more about OLP approval paves way for investment in Piraeus
- Log in to post comments
Key general meeting at OLP on Tuesday
By Ilias Bellos
Chinese investments of $2.5 billion in infrastructure in Southeastern Europe, and even a strategic plan by Beijing worth $40 billion for the so-called new Roads of Silk will factor in the decisions taken at the general meeting of Piraeus Port Authority (OLP) on Tuesday.
- Read more about Key general meeting at OLP on Tuesday
- Log in to post comments
Greek bourse chalks up five days of gains
The Athens stock market posted gains on Thursday, in line with most of its international peers and stretching its rising streak to five sessions on slightly improved turnover.
- Read more about Greek bourse chalks up five days of gains
- Log in to post comments
Gains reduced to a minimum as stock rise loses steam
The local benchmark rose for the third day in a row on Tuesday although some impressive gains chalked up early in the session mostly evaporated once turnover started picking up. This along with the 0.37 percent decline posted by the banks index suggests that the latest streak of growth will probably be short-lived.
Greek market bought the rumor and sold the fact
After the morning growth up to the 1.024 points, the benchmark of the Athens stock market dived to 945 before settling for 958 at the end of Monday's session, as investors chose to cash in on the gains generated last week before the announcement of the banks stress test results on Sunday.
- Read more about Greek market bought the rumor and sold the fact
- Log in to post comments
Athens benchmark registers sixth day of stock gains
The Athens stock exchange general index headed upward for a sixth consecutive day on Tuesday, rising by 1.56 percent to 1,177.35 points.
This means that the benchmark has risen by a total of 8.36 percent over the last six sessions.
There was a big increase in the turnover during Tuesdays session.
It reached 92.84 million euros, compared to 44.7 million on Monday.
Piraeus Port Authority processes record number of containers in July
A record number of containers were processed in July at Terminal 1, which is run by the Piraeus Port Authority (OLP), it emerged on Monday.
Fifth straight day of losses on Greek bourse
Stocks declined in their majority for the firth day in a row in the Greek market on Friday, painting the entire week in red as the benchmark suffered losses of 4.26 percent compared with the end of the previous week. Since the start of the year the index has seen marginal gains of just 0.02 percent.
- Read more about Fifth straight day of losses on Greek bourse
- Log in to post comments
July becomes fourth straight month of bourse loss
July proved to be the fourth consecutive month of decline for the Greek bourse as its benchmark shed 3.73 percent following Thursdays dip, which was in line with most international stock markets on account of the Argentinean selective default. International sanctions on Russia have also played their part.
- Read more about July becomes fourth straight month of bourse loss
- Log in to post comments