Athens Exchange
ATHEX: Stock prices quietly yield more ground
The S&P analysis on the banks sector, reporting that the progress recorded in reducing bad loans is being eroded, and the losses seen on most European markets led to sales at the end of Monday's session at Athinon Avenue, which saw particularly low turnover.
- Read more about ATHEX: Stock prices quietly yield more ground
- Log in to post comments
ATHEX: Bourse falls 3.85 percent over the week
The Greek bourse had a very quiet Friday, recording the lowest turnover since early March, as traders waited for the Eurogroup decision and Moody's verdict on Greece. The benchmark managed to stay afloat even though it ended on the day's low, with the blue chip index turning red.
- Read more about ATHEX: Bourse falls 3.85 percent over the week
- Log in to post comments
ATHEX: Corporate developments buoy stock market
After a mixed session with gains for most stocks and banks leading the losers, the benchmark at Athinon Avenue reported marginal growth on Thursday, based on corporate developments.
- Read more about ATHEX: Corporate developments buoy stock market
- Log in to post comments
ATHEX: Stocks price in gloomy take on recession
Tuesday's stock gains were wiped out in Wednesday's bourse session, with investors pricing in the European Commission forecasts that take Greece's recession estimates for this year close to 10 percent.
- Read more about ATHEX: Stocks price in gloomy take on recession
- Log in to post comments
ATHEX: Weak reaction to two days of stock losses
Traders' reaction on Tuesday to two sessions of significant losses for stocks was encouraging for the benchmark and blue chips, but rather disappointing in terms of turnover. The market appears to be waiting for Moody's verdict on the economy on Friday.
- Read more about ATHEX: Weak reaction to two days of stock losses
- Log in to post comments
ATHEX: Stock index sent back to 600 points
Increasing pessimism on the coronavirus pandemic's impact on the economy weighed heavily on most blue chips at Athinon Avenue on Monday, including banks, with the benchmark only just remaining above the 600-point level. Prices also suffered pressure from some negative results issued by listed companies over the last few days.
- Read more about ATHEX: Stock index sent back to 600 points
- Log in to post comments
ATHEX: April closes with gains of 12.5 percent
April ended at the Greek stock market on Thursday with some profit taking by traders who cashed in on this week's rise by specific stocks such as banks. Despite that daily drop, April closed with a 12.54 percent advance for the benchmark, to become the first month this year with an increase for the bourse.
- Read more about ATHEX: April closes with gains of 12.5 percent
- Log in to post comments
ATHEX: Third day of gains for the stock market
Bank stocks continued their advance at Athinon Avenue on Wednesday, carrying the market's benchmark to a new two-month high, although the low turnover pointed to traders waiting to see how the pandemic will evolve. Stocks were split down the middle between winners and losers.
- Read more about ATHEX: Third day of gains for the stock market
- Log in to post comments
ATHEX: Bourse index reaches new 7-week high
The benchmark of the Greek stock market rose to a seven-week high on Tuesday as it continued its recovery in tandem with the easing of restrictions on economic activity announced. It appears the market will continue to ebb and flow according to the course of the pandemic even after the end of the lockdown next week.
- Read more about ATHEX: Bourse index reaches new 7-week high
- Log in to post comments
ATHEX: Stocks begin the week on a high note
The Greek economy avoided a credit rating downgrade on Friday, as Fitch, DBRS Morningstar and Standard & Poor's only reduced its outlook from "positive" to "stable," which investors greeted by sending Greek stocks higher on Monday, although trading volume remained low.
- Read more about ATHEX: Stocks begin the week on a high note
- Log in to post comments