Index

ATHEX: Investors cash in on recent bourse gains

The moderate decline of the Athens bourse benchmark on Wednesday was seen more as a spot of profit taking after three consecutive days of gains and less as an end to the growth course that is expected to continue ahead of the review of Greece's sovereign credit rating by Moody's and Prime Minister Alexis Tsipras's trip to the US next week.

ATHEX: Stocks climb as investors put money on rating upgrade

Rising for a third session in as many days, the gains posted by the Greek bourse benchmark were more convincing on Tuesday, even though stocks were split between winners and losers and turnover remained low. Banks led the blue chip index higher, with traders expecting a sovereign credit rating upgrade by Moody's this Friday.

ATHEX: Index decline continues for a sixth week

The sixth consecutive week of losses ended on the Greek bourse yesterday with a mixed performance on Friday. The benchmark had not seen six straight weeks of decline in three years.

The Athens Exchange (ATHEX) general index closed at 745.55 points, adding 0.10 percent to Thursday's 744.80 points. On a weekly basis it slumped 1.33 percent.

ATHEX: Credit sector keeps sliding

Bank stocks continued to fall on Wednesday in the wake of a European Central Bank decision that foresees eurozone lenders having to set aside funds to cover 100 percent of loans that turn nonperforming from January 2018. The news reinforced market concerns that, one way or another, local banks will need a fresh cash injection.

Sentiment improves in indices

Greece's Economic Sentiment Index rose last month to its highest point since December 2014, the Foundation for Economic and Industrial Research (IOBE) announced on Monday, reflecting the decline in uncertainty resulting from the implementation of the bailout program and a good year to date in terms of tourism. The manufacturing industry also saw an improvement in its index.

ATHEX: Pressure on banks sends bourse lower

Greek bank stocks came under selling pressure on Monday as the possibility of the need for additional provisions looms large. While non-banking blue chips appeared at times as if they would manage to contain the benchmark's drop, the main index ended the first day of the trading week well in the red, with turnover failing to breach the 60-million-euro mark.

ATHEX: Bank stocks fall 22 pct in September

The Greek bourse's main index fell 8.46 percent over the month of September while the banks index dropped 22.4 percent. Meanwhile, gains seen during Friday's trading session had all but evaporated by the end of the day.

The Athens Exchange (ATHEX) general index closed at 755.61 points, adding 0.11 percent to Thursday's 754.76 points. On a weekly basis it shrank 2.37 percent.

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