ATHEX: Recovery of banks keeps index afloat

The continued recovery of bank stocks proved enough to keep the benchmark afloat in what was otherwise a day of losses for the majority of stocks at the start of the week. Monday's session picked up from where Friday's had left off, with many blue chips and most mid-caps ending in the red, although trading volume was significantly lower.

Trading volume sinks to 16 mln euros

August dawned on the Greek bourse with a return to poor trading volume on Wednesday. Still, the Athens Exchange (ATHEX) benchmark ended in the black after earlier losses were offset during the closing auctions.

The ATHEX general index ended at 761.66 points, adding 0.06 percent to Tuesday's 761.23 points.

ATHEX: Index halts four-day losing streak

Greek stocks continued to move in a narrow range for another day yesterday, with the majority ending lower again, but the benchmark at Athinon Avenue put an end to its four-day losing streak and posted a moderate rise, mainly assisted by the fresh drop in Greek bond yields. The only thing that seems to pique investor interest these days is listed firms' general meetings.

ATHEX: Moderate rise on low trading

The week at the Athens stock exchange got off to a quiet start with a few buyers and no sellers, while more than half of the trading volume concerned pre-arranged deals. Turnover this July bears more resemblance to that which would normally be expected in August, the traditional holiday month, so one can only wonder what levels it will sink to then.