Terna Group

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: Benchmark hits new four-month high

After Wednesday's respite, the benchmark of the Greek stock market reverted to its upward course on Thursday to record a new four-month high, vindicating a large portion of observers who believe that, after Greece regained its investment-level credit rating, the only way is up for stocks at Athinon Avenue. The daily turnover figure is also gradually recovering.

ATHEX: Bourse adds more to its annual rise

The year's final week started for the Greek stock market on Wednesday with a slight increase for the main index, mainly thanks to the growth of National Bank stock that also led to the banks index posting significant gains on the day. As things stand, the benchmark is heading for an annual growth rate of 40% for the entire year.

ATHEX: Index at high unseen since September 6

The main index of the Greek stock market rose to highs unseen since September 6 on Wednesday, on the combination of the end-of-year window dressing for many investors and the prospect of a possible credit rating upgrade for Greece by Fitch on Friday. The benchmark spent the entire day in the black and the daily turnover managed to clear the 100-million-euro bar for another session.

ATHEX: Benchmark climbs to new six-week high

A universal push higher by Greek stocks sent the benchmark of the local bourse to a six-week high on Thursday, as it smashed through the 1,200-point level with ease, outperforming most other eurozone markets. This was the fifth consecutive session of gains for the main index at Athinon Avenue, with a notable increase in turnover too.

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