FTSE
ATHEX: Banks index slides again, by 6.65 pct
Bank stocks dragged the Greek benchmark down with them yet again on Thursday at Athinon Avenue, as credit sector stocks' southbound course since the banks published their second-quarter results continues unabated - and this time the turnover was higher.
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ATHEX: Another day, another drop for bank stocks
Losses sustained by Greek banking stocks banished early signs that the local market could head higher on Wednesday, with the benchmark losing all of its morning gains to end up in the red again.
The Athens Exchange (ATHEX) general index ended at 690.27 points, shedding 0.26 percent from Tuesday's 692.04 points. The large-cap FTSE-25 index contracted 0.20 percent to 1,811.98 points.
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ATHEX: Banks drag benchmark back below 700 points
After Monday's respite, the benchmark of the Greek bourse tumbled back below the 700-point level on Tuesday, mainly due to the near-7 percent decline of the banks index, which continued to suffer pressure.
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ATHEX: Stocks recover after week and a half of losses
The improvement in the mood on global markets along with the rise in the prices of Italian and Greek bonds and Prime Minister Alexis Tsipras's rather measured financial pledges at the Thessaloniki International Fair over the weekend - which appeased traders - led to a significant rebound of Greek stocks on Monday after a week and a half of constant decline for the benchmark.
ATHEX suffers worst week in two years
The Athens stock market ended its worst week in the last two-and-a-half years with a mixed session, as the banks index halted its slide but the benchmark posted additional losses, albeit minimal. Although gains registered during the course of the day created the impression that the main index might end the week with a rise, it was not to be as sellers got the upper hand again in the end.
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ATHEX: Sixth day of decline for banks index
The drop in Greek bond yields failed to boost local stocks on Thursday as they continued to head south for another session, albeit at a slower pace. The ongoing crisis of confidence in emerging markets clearly has traders abandoning their positions in bourses like Greece's to tackle troubles elsewhere.
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ATHEX: Benchmark drops to new 17-month low
The benchmark of the Greek stock market dipped to a new 17-month low on Wednesday as pressure continued not only on bank stocks but also across the blue chip board as well as on bond prices. A balancing session is probably due.
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ATHEX: Bank stocks keep sliding
Greek bank stocks suffered increased pressure on Tuesday, which also had a knock-on effect on other major blue chips, resulting in significant losses for all indexes at Athinon Avenue.
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ATHEX: Credit sector stocks weigh on main index
While bank stocks tumbled 3 percent on Monday on the Greek stock market, several non-banking blue chips and mid-caps enjoyed a rise at the start of the week. Consequently, although the benchmark's early losses were contained, the growth data didn't really make any impact on the day's trading.
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ATHEX: August closes with 4.1 pct loss for bourse
August ended with losses of 4.15 percent for the Greek stock market's benchmark, while banks fell over 14 percent, as Friday saw another session of decline albeit with the highest turnover of the last three months, mainly thanks to the rebalancing of the MSCI index.
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