Economic indicators
ATHEX: Bank stocks, agreed deals lead bourse to a rebound
The Greek benchmark was buoyed by bank stocks and prearranged transactions on Tuesday, and ended the session safely clear of the 900-point zone. Turnover also showed a marked improvement.
The Athens Exchange (ATHEX) general index ended at 917 points, adding 1.55 percent to Monday's 902.98 points. The large-cap FTSE 25 index expanded 1.53 percent to 2,296.31 points.
ATHEX: Stocks snap losing streak after six days
After six straight days of losses Greek stocks rebounded on Tuesday with non-banking blue chips showing the way for the rest of the market on rather satisfactory turnover. The rest of the week will reveal whether this was a mere reaction to the long period of decline or if the benchmark has bottomed out in terms of coronavirus worries.
- Read more about ATHEX: Stocks snap losing streak after six days
- Log in to post comments
ATHEX: Stock losses contained by end of trade
The geopolitical situation in the Middle East took a toll on global markets on Friday, and the Greek bourse was no exception. The main index at Athinon Avenue contained its losses at the end of the session, coming off a decline of more than 2.2 percent over the course of the day.
- Read more about ATHEX: Stock losses contained by end of trade
- Log in to post comments
ATHEX: Very positive start to 2020 for the bourse
The new year started with another 58-month high for the Greek stock market benchmark on Thursday, showing that the local bourse's growth momentum remains strong even without the support of credit sector stocks.
- Read more about ATHEX: Very positive start to 2020 for the bourse
- Log in to post comments
ATHEX: Non-bank blue chips lead rise
The stocks of former state companies gave the main index of the Greek bourse a major push on Tuesday while the banks' index stayed put. The benchmark rebounded within range of the 900-point level, with daily turnover rising above 100 million euros.
- Read more about ATHEX: Non-bank blue chips lead rise
- Log in to post comments
ATHEX: Index drops 3 points on global worries
Imported concerns about the US-Chinese trade negotiations weighed on the Greek stock market on Wednesday, on the back of the release of Alpha Bank's third-quarter results on Tuesday and ahead of Thursday's results by National and Eurobank.
- Read more about ATHEX: Index drops 3 points on global worries
- Log in to post comments
ATHEX: Greek stock index reduces distance from 900-pt mark
The main index at Athinon Avenue edged even closer to the elusive milestone of 900 points on Tuesday, with positive reports fueling the growth of bank stock prices and other blue chips.
The Athens Exchange (ATHEX) general index ended at 893.37 points, adding 0.57 percent to Monday's 888.29 points. The large-cap FTSE 25 index expanded 0.42 percent to 2,232.79 points.
ATHEX: Stock market downturn speeding up
The Greek stock market has now chalked up four declining sessions out of four so far in November, only on Wednesday the closing auctions failed to rein in the losses incurred by the benchmark. The banks index took quite a hit, tumbling almost 5 percent.
- Read more about ATHEX: Stock market downturn speeding up
- Log in to post comments
ATHEX: Robust rise continues for banks index
The banks index at Athinon Avenue enjoyed a second consecutive day of gains in excess of 4 percent on Friday, building not only on the advance of the Heracles plan for the securitization of bad loans, but also on the upward momentum observed in foreign stock markets. That also led to the benchmark attaining growth just shy of 2 percent.
- Read more about ATHEX: Robust rise continues for banks index
- Log in to post comments
ATHEX: Bank stocks enjoy day of healthy gains
The stock market's positive reaction to the European Commission's approval of the state's bad-loan reduction plan boosted bank stocks and helped the benchmark climb further during trading on Thursday at Athinon Avenue.
- Read more about ATHEX: Bank stocks enjoy day of healthy gains
- Log in to post comments