GEK Terna

Terna Energy Finance, the financing arm of Terna Energy, will launch a tender on Oct. 16 for a green bond loan of up to 150 million euros, it said on Monday.

The offer for the seven-year bond will end on Oct. 18, it said.

A source at Terna Energy said that about 90 million euros from the bond will be used to build a wind park in Greece and to buy one in the United States.

The main index of the Greek stock market continued to slide for a fourth consecutive day on Thursday, though not as dramatically as Wednesday's 3 percent drop. The morning's brief reaction to three days of losses gave way to another selling spree later in the day, leading the benchmark close to the 820-point mark.

Investors appeared uninspired in what was a fairly quiet session at the Greek stock market on Thursday, with the few traders that could be bothered making select purchases. This took turnover back below the 50-million-euro mark while the benchmark kept to a very narrow range.

The benchmark at Athinon Avenue again shied away from the 900-point level on Wednesday, only this time the pressure came from abroad, namely the increasing political uncertainty in Washington and London. Losses were significantly contained in the closing auctions, while Public Power Corporation made an outstanding comeback.

The 3rd InvestGR Forum 2020, "Greece Is Back," will take place on June 4 at the Athens Hilton, with the support of the Representation of the European Commission in Greece, the Ministry of Development and Investments, and the Hellenic Federation of Enterprises.

The Greek stock market shook off international concerns regarding oil prices and a US-Iran standoff and posted some healthy gains in the second half of the week's first session, on improved trading volume too.

The rise recorded by Greek bank stocks on Wednesday was largely offset by the decline of most non-bank blue chips, leaving the benchmark of the Athens bourse virtually unchanged and the stock board split between winners and losers. However, market observers were quite encouraged by the improvement in trading volume.

The identity of the "mystery investor" who acquired a 3.9 percent stake in construction group Ellaktor for 18.8 million euros on Friday is expected to be revealed on Wednesday.

The Greek stock market grew at the same pace on Wednesday as it did on Tuesday, building on the rise of PPC's stock and the further improvement of Greek bond positions. The benchmark appears ready to test the 900-point level after a very long time.

Much as Public Power Corporation's stock jumped on Monday on the announcement of the government's plan to prop up Greece's main utility company, the stock market showed a mixed picture at the end of trading, with gainers outnumbering losers, while the benchmark slipped below 865 points.