GEK Terna
ATHEX: Second day of bourse gains
Stocks at Athinon Avenue rose in a more uniform fashion on Tuesday, at one point sending the benchmark as high as the 800-point mark. However, the momentum didn't last, and the main index had slipped back down again by the closing.
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ATHEX: Index ends losing streak on thin trade
Investors finally put an end to the Greek bourse benchmark's nine-session slide on Monday. The rise was led by bank and utility stocks, while mid-caps continued their descent. Trading volume was particularly low.
The Athens Exchange (ATHEX) general index closed at 790.05 points, adding 0.55 percent to Friday's 785.72 points.
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GEK Terna to issue convertible bond
Construction group GEK Terna will issue a seven-year convertible bond from Tuesday to Thursday next week, aiming to raise up to 120 million euros, it said on Thursday.
The listed company stated it would use the proceeds to fund its investment plans and refinance debt.
[Reuters]
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ATHEX: Third session of gains for local stock benchmark
Stocks on the Greek bourse continued to climb for a third session in a row on Monday, in line with other eurozone markets and ahead of Wednesday's 52-week T-bill auction.
The Athens Exchange (ATHEX) general index closed at 831.74 points, adding 1.24 percent to Friday's 821.57 points. The large-cap FTSE-25 index expanded 0.95 percent to 2,133.90 points.
ATHEX: Index swings to 1 pct gains for the week
The Athens bourse benchmark rose again on Friday, tipping the weekly balance from losses to gains, following two weeks on a downward slide. Trading volume remained low though, as investors appear reserved about the outlook of the local economy and the international landscape in general.
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Interest in local bourse shows signs of revival
Investment interest in the Greek stock market appears to be experiencing a revival after a long time, with the prestige of the local bourse having taken a hard knock from the 1999 bubble and the continuing financial crisis.
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ATHEX: Bank stocks lead bourse rise
The surprise sovereign rating upgrade by Moody's and signs of a recovery on Wall Street boosted activity on the Greek stock market on Thursday, with buyers regaining the upper hand and trading volume posting an improvement.
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Nine groups bid for Egnatia highway privatization
Greece received on Friday nine expressions of interest for the long-term operation of its biggest motorway Egnatia, part of a privatization scheme launched under its bailout program.
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ATHEX: Utilities lead bourse higher
Buyers have returned to the Greek bourse, bringing handsome gains for the vast majority of local stocks on Thursday, although the low trading volume suggested this was more likely a case of profit-taking than confidence in Athinon Avenue.
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Four companies planning new corporate bonds issues by Easter
The Athens bourse looks set to see a revival of trading in corporate bonds for the next couple of months at least. Kathimerini understands that four new bulletins were submitted to the Capital Markets Commission last week, with the aim of raising a minimum of 100 million euros in total.