FTSE/Athex Large Cap

ATHEX: Bourse ends week with small decline

The final bourse session of the week offered mixed feelings to observers, as the rise of banks did not suffice to see the benchmark hold on to its early gains that had temporarily taken it above the 1,500-point milestone. However, the losses eventually recorded were marginal and the index remained in positive territory for a second week in a row.

ATHEX: Bourse not yet ready for 1,500 points

Thursday gave traders a mixed session at Athinon Avenue, with the majority of stocks and the benchmark narrowly heading lower, while the blue chip index and that of banks moved up, one day after another 13-year high for the main index. The early gains gave way to moderate losses as the benchmark apparently was not yet ready to clear the 1,500-point barrier.

ATHEX: Bourse hits yet another 13-year high

A multitude of blue chips cooperated on Wednesday at the Greek stock market to send the benchmark to highs unseen in more than 13 years. Led by National Bank of Greece, the banks index was the protagonist of a session that brought Athinon Avenue back onto the path toward the 1,500-point level that is now within striking distance for the main index.

ATHEX: Moderate profit-taking at bourse

The moderate cashing-in of profits that followed last week's notable rise saw the main index of the Greek stock market come off its 13-year highs of last Friday and settle for contained losses upon closing on Monday. Banks reined in the decline, as did some non-banking blue chips, while turnover returned to its usual level after last week's jump.

ATHEX: Early losses reverse into fresh gains

Much as traders appeared eager to cash in Wednesday's stock gains, Athinon Avenue reversed its losses and ended Thursday's session on a new 13-year high for its benchmark, supported by key blue chips such as Eurobank and Public Power Corporation. Winners and losers on the day ended up in a dead heat. Turnover continued to grow.

ATHEX: Post-holiday jump to new 13-year high

The Greek stock market returned from its five-day holiday with a jump in prices that sent the benchmark to a new 13-year high on Wednesday, on significantly increased turnover too. Led by the blue chips of the Viohalco group, Cenergy and the National Bank of Greece (NBG), Athinon Avenue has risen to such heights as to consider the benchmark of 1,500 points for its main index.

ATHEX: NBG rules the roost on bourse

The first-quarter financial results National Bank released on Wednesday proved a boost for stock prices on Thursday, as the lender rallied to a new eight-year high that reversed the early losses of the benchmark. Trading action was moderate at Athinon Avenue ahead of the Easter weekend, with the bourse set to reopen on Wednesday, May 8.

ATHEX: Late surge offsets all index losses

As the month draws to a close, and with it the period of the year's first four months that is taken into account for the rebalancing of stock indexes, stocks entered the short week (of just three sessions) with a mixed picture: Banks and blue chips ended up lower, but the benchmark, bolstered by mid-caps, managed to offset all losses and close with marginal gains on Monday.

ATHEX: First drop for bourse after six sessions

The benchmark of the Greek stock market came off Wednesday's 13-year high to show notable losses on Thursday, closing at the day's low too. The Athens market continues to anticipate corporate news such as mergers and acquisitions and was predictably in profit-taking mood on the back of six consecutive sessions of gains for the main index.