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ATHEX: Benchmark climbs for sixth week

In anticipation of the Piraeus Bank placement next week, the Greek stock market had a rather quiet day on Friday, at the closing of another week of gains for the main index at Athinon Avenue, the sixth in a row. The blue chip index and that of banks headed lower on the day, while the majority of stocks and the mid-cap index ended up with gains.

ATHEX: Benchmark expands for fourth week

Athinon Avenue ended its fourth consecutive week of gains on Friday with a minor increase for its benchmark that extended its weekly gains somewhat, although the first few hours of the session had promised significantly higher price growth. This follows the positive momentum observed across most other European markets and is expected to prevail for the week to come, too.

ATHEX: The party continues at the stock market

The sixth consecutive session of gains at the Greek stock market brought the benchmark not only to another 13-year high, but also above the 1,400-point mark, on significantly increased daily turnover too. All this was before the entry of the 300 million shares of Athens International Airport, which is scheduled for Wednesday.

ATHEX: Investors focusing on stock picking

For the third day in a row the benchmark of the Greek stock market closed with losses that affected half the board's stocks. However, on Thursday the turnover was significantly increased compared to previous days. Banks led the decline, with the exception of National Bank, while corporate results continued to dictate the moves of investors.

ATHEX: Index fails to surmount 1,350-pt mark

The vast majority of Greek stocks ended Thursday's trading session with gains, but some non-bank blue chips held the benchmark back from hitting a new nine-year high and the 1,350-point level, which remains elusive for now. The positive messages from the US Fed and the European Central Bank create a favorable climate for further price growth in the coming days, analysts note.

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