Athens Exchange
ATHEX: Bourse index posts gains of 2 pct in March
The Greek bourse benchmark rose 1.96 percent over the month of March, taking the growth of the main index in the first quarter of the year to 17.62 percent.
The Athens Exchange (ATHEX) general index ended at 721.37 points on Friday, adding 1.08 percent to Thursday's 713.66 points. On a weekly basis it advanced 1.85 percent.
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Piraeus profits increased in Q4
Piraeus Bank grew profit in last year's final quarter as net interest income rose, Greece's largest lender by assets said on Friday.
Piraeus Bank, which is 26.2 percent owned by the country's HFSF bank rescue fund, reported a net profit from continued operations of 145 million euros after net earnings of 94 million in the third quarter.
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ATHEX: Losses offset by the end of bourse session
The closing auctions erased almost all of the earlier losses at the Greek bourse on Thursday, with the benchmark ending the day virtually unchanged and the blue chip index continuing its rise thanks to support from OTE and OPAP.
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Profits fall at Alpha and NBG on NPL reduction
Greek lenders Alpha Bank and National Bank reported a sharp fall in profit in the last quarter of 2018 as they focused on reducing their piles of bad loans.
Alpha, Greece's fourth-largest lender by assets, reported a net loss from continuing operations of 0.4 million euros in the October to December period after a net profit of 41.1 million euros in the third quarter.
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ATHEX: Benchmark edges higher on support from banks
Bank stocks and a few other blue chips propped up the benchmark at Athinon Avenue on Wednesday as the majority of stocks on the board headed south and trading volume sank.
ATHEX: Bourse rises at start of week
After another impasse at Monday's Euro Working Group, the Athens bourse shook off the pressure on bank stocks on Tuesday, with the majority of stocks and the benchmark heading higher on a day of healthy turnover.
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ATHEX: Biggest daily drop for banks in four months
An unexpectedly aggressive selling spree by holders of bank stocks on Friday inflicted the heaviest daily selloff in the credit sector in over four months. The impact on the rest of the market was significant as there was hardly any reaction among non-bank stocks.
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ATHEX: Index edges up aided by bank climb
Another mixed day at the Greek bourse on Thursday saw the majority of stocks head south while most main indexes ended up with gains in a session of increased trading volume thanks to several prearranged transactions.
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ATHEX: Mixed session at bourse as traders await developments
Stocks at the Greek bourse had a mixed day on Wednesday, with investors awaiting developments on the framework for the protection of defaulters' primary residences. Bank stocks weighed on the benchmark, although it still ended up in positive territory.
ATHEX: Most stocks head lower
After five days of gains and the buying fatigue recorded late on Monday, stocks at Athinon Avenue recorded notable losses on Tuesday, bucking the trend seen on other eurozone markets, with turnover remaining low. The next couple of days will determine the direction of the market up to the end of the month.
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