Galatsi

ATHEX: Investors get ready for rebalancing

On a day when Wall Street and the London Stock Exchange remained closed, the Greek bourse secured a rather satisfactory turnover of almost 50 million euros on Monday, with traders opting to position themselves ahead of this Friday's upcoming index rebalancing. Leading the benchmark to strong gains were bank stocks, which were oversold in previous sessions.

ATHEX: Stock growth curtailed by end of session

Despite Wednesday's early gains at Athinon Avenue, in line with most eurozone bourses, the session ended with a relatively small increase on particularly low daily turnover, which points to the market's reservations about the economy's emergence from the coronavirus crisis, especially as far as the creation of new nonperforming loans for Greek lenders is concerned.

ATHEX: Banks drag stock market lower

Stocks in the Greek bourse were once again swayed by banks that dragged the market lower on Tuesday, accelerating the benchmark's decline toward the 900-point mark.

The Athens Exchange (ATHEX) general index ended at 911.82 points, shedding 0.86 percent from Monday's 919.77 points. The large-cap FTSE 25 index contracted 0.95 percent to 2,291.80 points.

Crooked cop arrested in Athens

Police in the northern Athens suburb of Agia Paraskevi arrested a 29-year-old colleague after he allegedly carried out two armed robberies, one at a gas station in the western suburb of Peristeri and the other at a kiosk in Galatsi, near central Athens, making off with 690 euros.

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