Stocks suffered a day of losses at the Athens Stock Exchange on Friday, with just a handful of sessions left till the end of the year for traders to complete their window dressing, but the benchmark didn't lose all its weekly gains, posting an increase of 0.11 percent compared to the previous Friday.
Unlike most of its eurozone counterparts, which appeared particularly nervous due to the raging international trade wars, Athinon Avenue demonstrated resilience on Friday, again edging higher, although this time turnover was in line with the weather in Athens, reminiscent of the dog days of summer. This resilience was also reflected in Greek bond yields, which dived to new historic lows.
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.
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.