EYDAP

ATHEX: Banks drag stock market lower

Stocks in the Greek bourse were once again swayed by banks that dragged the market lower on Tuesday, accelerating the benchmark's decline toward the 900-point mark.

The Athens Exchange (ATHEX) general index ended at 911.82 points, shedding 0.86 percent from Monday's 919.77 points. The large-cap FTSE 25 index contracted 0.95 percent to 2,291.80 points.

ATHEX: Local bourse edges higher over the week

The rise of Coca-Cola HBC's stock by 1.95 percent on Friday contained the Greek benchmark's losses somewhat and kept the blue chip index above water at the end of a week of small gains for the local market.

The Athens Exchange (ATHEX) general index ended at 923.63 points, shedding 0.26 percent from Thursday's 926.06 points. On a weekly basis it improved 0.38 percent.

State corporations will cause big trouble for the next government

State corporations (DEKO) have been left in a sorry state following SYRIZA's four-year term in government and the next administration following the July 7 election will have to deal with explosive conditions, especially at Hellenic Post, the Thessaloniki Urban Transport Organization (OASTh), Hellenic Railways Organization (OSE) and of course Public Power Corporation (PPC).

Pages