Galatsi

As has been the case in recent sessions, there was little to suggest on Thursday that the local stock market might stage a significant recovery in terms of prices or turnover, as the thin trade saw the benchmark only moving within a narrow five-point range. Buyers had the upper hand up until the end, but the rising trend recorded on other eurozone markets made hardly any impact in Greece.

The earlier-than-expected upgrade of Greece's credit rating by Standard & Poor's did not impress traders at the Athens stock exchange, who appeared to be more concerned about instability both within and outside the country. The majority of Greek stocks posted fresh losses at the end of Tuesday's session, while many blue chips closed at the day's low.

Unfazed by the domestic turmoil over the controversial agreement between Athens and Skopje and the no-confidence motion against the government, investors sent local stocks higher for a third day on Thursday, with turnover matching Wednesday's.

After an initial drop banks enjoyed robust gains on Wednesday, leading the benchmark of the Greek stock market higher. The trigger for the second consecutive day of gains was the prospect of an agreement at next week's Eurogroup.

Greek stocks continued their ascent for a fifth day in a row on Tuesday, as the international climate turned more favorable, although trading volume remains at particularly low levels more reminiscent of August than June.

Athens water supplier EYDAP is among 20 companies taking part in the European Union's Intcatch program, which aims to revolutionize water quality monitoring by using robotic boats with innovative sensors. 

The Greek stock market had another narrow trading session on Wednesday, with mild losses for the majority of stocks and traders shifting their attention to Friday's triple-witching and the upcoming shake-up of the FTSE indices, concerning Mytilineos, Sarantis and Viohalco.

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.

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.

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).