Athens Stock Exchange

ATHEX: Weekly stock losses reined in

After the major drop on Thursday, Greek stocks posted a notable recovery on Friday, covering more than half of the previous day's loss, and on increased turnover too.

The Athens Exchange (ATHEX) general index ended at 712.46 points, adding 1.58 percent to Thursday's 701.36 points. On a weekly basis, however, the benchmark posted a 2.95 percent decline.

ATHEX: Banks fall 8 pct on concerns

The seventh day of losses in the last eight sessions at the Athens bourse was the most dramatic, with banks shedding more than 8 percent and the benchmark only just managing to stay above the 700-point mark on Thursday, as confidence in the Greek economy and its banking sector in particular continues to ebb.

ATHEX: Slight uptick for local stocks

During the course of Tuesday's trading session in Athens it appeared that Greek stocks might stage a recovery after the benchmark's downward spiral of recent days, but the rise proved unsustainable as the main index closed with just a fraction of the gains it had posted earlier in the day and trading volume left a lot to be desired.

ATHEX: Local bank stocks begin week with more losses

The Greek stock market's banks index slumped to its lowest point in a year on Monday, sliding 4.19 percent on prolonged uncertainty regarding the launch of foreclosures, the handling of bad-loan portfolios and the possibility of yet another recapitalization. This, along with Coca-Cola HBC's drop, led the benchmark lower for a sixth consecutive day.

Pages