Ellaktor reveals talks with pair of companies over possible sale of construction subsidiary Aktor

The Ellaktor infrastructure group, one of the largest in Greece and southeast Europe, on Monday confirmed an ot.gr report and announced that exclusive negotiations are underway with a pair of local companies for the sale of its subsidiary, major construction contractor Aktor.

The companies identified are Wade Adams Hellas SMSA and Adamas Group Ltd.

ATHEX: Index cedes more than 1%

Just like in Tuesday's session, stocks started with gains at Athinon Avenue on Thursday but eventually had to settle for losses. Despite the positive start on Wall Street, the closing auctions at the same time in Athens took the main index lower, beyond -1%, on increased turnover.

Alimos marina overhaul to start in four years’ time

It will take four years until work can begin on the radical facelift of the Alimos marina in southern Attica, as it is expected to take this long for all the necessary permits to be issued.

The contractor of the project is Nea Alimos Marina Development SA, a 100% subsidiary of Aktor Concessions, a member of the Ellaktor Group.

ATHEX: Index rises for the fourth week in a row

The Greek bourse benchmark climbed on Friday to highs unseen in almost nine months - i.e. throughout the time of the pandemic in Greece - boosted by aspirations for a strong recovery next year when the vaccines arrive. This was the fourth consecutive week of gains for the local market, which has recovered a large share of the losses incurred over the year.

Greek stocks end positive, very quietly

Thursday's session on the Athens Stock Exchange was even more subdued than recent days, if that is possible.

In the end, the general index, which had been showing mild losses throughout, tipped over into positive territory, closing at 637.27 points, a gain of 0.36%. Late gains in OTE Telecom were the main reason.

Turnover was €23.61 million on volume of 16,373,894 shares.