Athens Exchange

ATHEX: Stock market grows 24.6 pct over 2017

The trading year at Athinon Avenue has ended with the benchmark growing by just under a quarter (24.66 percent) since the end of 2016, making the local bourse one of the most profitable markets in the world. The last session of 2017 on Friday saw a moderate rise for the main index, which cleared the 800-point level again, on slightly increased turnover.

ATHEX: Recent gains cashed in

Many investors cashed in the profits of nine days of stock gains on Thursday, sending the benchmark of the Greek stock market back below the 800-point level, on considerably reduced trading volume, ahead of Friday's last session of the year. Profit taking predictably focused on bank stocks.

Giorgos Hadjinikolaou to chair HELEX

Hellenic Exchanges, the company that operates the Athens Stock Exchange, announced on Wednesday that its board of directors elected Giorgos Hadjinikolaou as chairman and new non-executive member to fill the vacated seat.

Hadjinikolaou is a banker and a non-executive chairman of Piraeus Bank.

[Reuters]

ATHEX: Energy stocks lead bourse to more gains, as turnover falls

Energy and banking stocks led the Greek bourse to another day of gains on Monday, with December shaping up to be one of the year's most profitable months at Athinon Avenue. This was the fourth consecutive session of growth for the benchmark, although turnover was significantly lower than on Friday.

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