GEK Terna

ATHEX: Benchmark takes another step higher

Unfazed by the decline of the banks index and the majority of stocks, the main index of the Greek stock market started the week with its eighth consecutive session of growth to register yet another 10-year high. A profit-taking move now appears long overdue. The daily trading volume was predictably reduced, given the holiday in the US.

ATHEX: Index at highest point in a decade

Thursday was a historic day for the Greek stock market, as the sixth consecutive day of growth for blue chips and the main index sent its benchmark to heights unseen in almost a decade. The new 10-year record for the bourse came without the support of mid-caps, which declined for a second day in a row. Banks more than made up for that, as they outperformed.

ATHEX: Benchmark makes new five-month high

A universal move upwards for stocks in the Greek bourse on Monday led the benchmark to major gains and the daily turnover well above the 100-million-euro mark. The main index has now climbed to levels unseen since the end of last July, while investors are also looking forward to the listing of Athens International Airport that the government has decided.

Elliniko projects of €2.15 bln

A total of 2.15 billion euros will be invested by 2027 in the Elliniko plot in southern Athens by four companies that have agreed with Lamda on the development of individual parts of the area once occupied by the capital's airport.

It is estimated that the required building permits will have been secured by end-June so that these projects can start.