Index

The Athens bourse?s recent spurt of growth came to an end on Wednesday. The benchmark closed at its lowest point of the session, with losses of 1 percent, as investors chose to cash in some of their gains from the previous five sessions of growth. The declines on a number of other European markets also played a role.

The benchmark of the Greek bourse on Tuesday recorded a new 31-month low as many investors appear to be disengaging themselves from the ominous conditions of the local market.

The Athens Exchange (ATHEX) general index ended at 704.74 points, shedding 3.33 percent from Monday?s 728.98 points.

Athens?s lack of progress in its negotiations with the country?s creditors and increasing talk of a Greek eurozone exit weighed heavily on local stocks on Friday, forcing losses of exactly 3 percent on the benchmark. Trading volume rose on the increase in sales.

The Greek bourse reopened on Tuesday after the four-day Orthodox Easter break and posted significant losses at the end of the session as the uncertainty over the negotiations between Athens and its creditors and the storm of scenarios regarding a Greek default created concern among investors regarding the future of the economy.

The Athens stock market reopened on Tuesday after a four-day break, making moderate gains on particularly low turnover as traders are expecting the results of Wednesday?s Euro Working Group meeting as well as the outcome of the prime minister?s visit to Moscow.

The Athens Exchange (ATHEX) general index ended at 777.47 points, adding 0.80 percent to Thursday?s 771.32 points.

The title could have confused anyone following Turkish data. After all, at 2.6 percent annually, growth for the fourth quarter of 2014, which was released on March 31, came in significantly higher than expectations of 2.1 percent. Figures for the second and third quarters were revised up, and 2014 growth turned out to be 2.9 percent.

With the omens from the negotiations in Brussels being far from positive on Tuesday, the benchmark of the Greek stock market ended the month of March with losses of 11.93 percent, while banks declined by 24.69 percent. The banks index lost 41.53 percent in the first quarter of the year.