EYDAP
ATHEX: Traders turn their backs on local stock market
Monday's downbeat trade on the Greek stock market was marked by the lowest turnover in the last 29 sessions, with the majority of stocks posting losses and a day when most European bourses registered gains.
Water utility stakes return to the state
The Greek state is reclaiming its majority stakes in the Athens and Thessaloniki water companies, as the government has revoked the decision by the ministerial committee for privatizations handing its shares to sell-off fund TAIPED.
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Numerous projects in TAIPED's business plan
The business plan of state sell-off fund TAIPED, as approved by the inner cabinet, provides for the sale of the state's energy holdings in Public Power Corporation, Hellenic Petroleum and Public Gas Corporation, along with the concession of minority stakes in the Athens and Thessaloniki water companies (EYDAP and EYATH).
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ATHEX: Mixed start to week for local stocks
The trading week in Athens got off to a mixed start, as the pressure on National Bank and Eurobank sent the benchmark and the blue chip index lower, while the majority of other stocks enjoyed gains, leading the mid-cap and the small-cap indices higher.
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ATHEX: Bourse back at levels last seen in July
The 17th session of gains in the last 20 wrapped up another robust week for the Greek bourse, with the market reclaiming morning losses to end higher again on Friday on somewhat reduced turnover.
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ATHEX: Local stocks continue to head higher
Wednesday's sixth consecutive session of gains for the benchmark of the Athens stock market took it to a new three-month high, on respectable turnover and significant gains for the majority of blue chips, including banks.
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ATHEX: Banks index recovers this year's losses
The continued drop in sovereign bond yields and the growing effort to dress up portfolios before year-end saw the majority of stocks chalking up more gains on Friday, when trading surpassed the 100-million-euro mark for a second day. The banks index has now covered all of this year's losses.
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ATHEX: Weekly losses contained to 1.06 percent
As the year starts to draw to a close many funds have either stopped trading their securities or are engaging in some window dressing, boosting their performance. This serves to explain the growth seen on the local bourse on Friday, after progress in the third review had already been priced in.
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Water an issue as Mandra residents try to clean up
Water consumption in the western Attica town of Mandra has shot up tenfold since last week's deadly floods as residents continue to deal with thousands of tons of mud that have inundated their homes and stores.
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Downtown Athens areas to see water cuts as technical work carried out
The Municipality of Athens and the suburbs of Kato Petralona, Moschato and Tavros will experience water shortages and even cuts in supply from Thursday night to Friday morning, the capital's water company, EYDAP, has announced.