ATHEX: Mood swing helps bourse close higher

The Athens bourse had a mixed session on Wednesday, with the benchmark and the blue chips index ending the day with gains, while banks and the majority of stocks ended up in the red. The mood changed, and with it the color of the main index, after the release of the US inflation data in March. This third rising session for the bourse also showed a notable rise in turnover.

ATHEX: Banks drop for the sixth day in a row

The decline continued at the Greek bourse on Wednesday, though not as strongly as on Tuesday, with the benchmark yielding more ground. The banks index remained on a southbound course for a sixth consecutive session, underperforming the market and showing that the absence of initiatives or positive news on the domestic front will allow the momentum of the year's first quarter to slip.

ATHEX: Clear move downward for bourse

Moody's decision against upgrading the Greek rating, and the JP Morgan report that Greece is not yet ready to join the developed markets poured cold water on expectation at the bourse in previous days and led to a significant decline in prices on Tuesday, at the opening of the stock market after the long weekend. Banks fared better thanks to the resilience of Eurobank and National. 

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 reaches new 13-year peak

The Greek bourse may have seen a decline in daily turnover on Monday, owing to the US holiday that kept the New York stock market closed, but most stocks posted significant gains, leading the benchmark to a new 13-year high. Growth was evenly spread across the market, confirming that investors, especially from abroad, are seeking out opportunities in the lower capitalizations too.