Terna Group

ATHEX: Traders opt for treading cautiously

Investors continue{ to tread carefully in the local market as Sunday's election approaches, so on Thursday they reduced their activity to the bare minimum, with the majority of stocks and the benchmark at Athinon Avenue posting small losses. The day's turnover was the lowest of the month so far. Friday's session may be the last before the polls, but also sees the expiry of the April derivatives

ATHEX: Late decline bumps index into the red

The last few minutes of the trading session at Athinon Avenue on Monday saw the main indexes swing from gains to losses - albeit marginal - primarily owing to the decline observed in foreign markets, especially at the opening of Wall Street. Traders appear to be waiting for local political developments as well as the outcome of the Turkish elections.

Mytilineos’ record Q1 data

Mytilineos on Thursday reported its best ever performance in a first quarter, with net profit after minorities soaring 113% to 143 million euros, earnings per share jumping 109% to €1.04 and EBITDA rising 72% to €225 million, while turnover rose 30% to €1.358 billion. Net debt, on an adjusted basis, stood at €948 million.

ATHEX: Bourse grows just over 10% in January

January ended at the Greek stock market with 10.01% growth for the main index, after it suffered a minor decline on Tuesday in a mixed session. While some fellow eurozone bourses took heavier losses on the day, Athinon Avenue saw its expected profit-taking to be small and targeted, while banks enjoyed another day of price gains.

ATHEX: Stocks index remains on rising course

Greek stocks maintained their growth momentum for another day on Tuesday, despite the attention the issue of the 10-year sovereign bond commanded, with the main index climbing to another eight-year high. Even when European bourses headed lower and some traders indulged in profit-taking, buyers retained the upper hand, with the benchmark edging ever closer to 1,000 points.