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ATHEX: Another dive for bourse benchmark
The impact of inflation and rising interest rates on first-half corporate results of listed companies continues to put pressure on stock prices at Athinon Avenue, as the benchmark of the Greek bourse suffered fresh losses on Wednesday.
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ATHEX: Stock market sees prices, trading drop
The majority of stocks at Athinon Avenue posted a moderate decline on Wednesday, as the bourse failed to build on its Tuesday recovery. There was little in the direction of selling but even less action among buyers, so most of the day's reduced turnover went toward bringing prices down.
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Stocks drop 1.72% over the month
Greek stocks declined slightly in August's last session at the Athens Stock Exchange (ASE), as investors locked in profits, although on a limited scale. What stood out though was the sudden surge in turnover, to €453.75 million.
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Stock market ends week with 2 pct dip
Negative sentiment in European markets and investors locking in short-term gains led the Greek stock market to drop for a third successive week on Friday.
The week's final trading session was decisive for the negative trend.
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ATHEX: Minor losses on reduced turnover
Concerns over Greek tourism, given the forest fires on Rhodes and Corfu, put an end to the rising streak of the Athens stock market on Monday, with the indexes suffering small losses and the losing stocks outnumbering the gainers, on reduced turnover too. Still, Aegean Airlines recorded a new historic high on the day.
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ATHEX: Index rises to level unseen since April 2014
Athens' stock market went up, then down and then back up on Wednesday, the end result being the benchmark's closing at a high unseen since early April 2014, even if the day's turnover was not as robust as on Tuesday.
ATHEX: Index not yet ready for 1,300 points
The benchmark of the Greek stock market appeared once again on Thursday reluctant to measure itself against the 1,300-point level it had last reached in June 2014, and gave ground on a day of reduced trading volume.
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ATHEX: Investors cash in recent gains
Traders at the Greek stock market considered Monday to be a good time to cash in their recent gains, in the absence of several institutionals given the holiday in the US, which also resulted in the lowest daily turnover recorded in over 20 sessions.
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ATHEX: Bourse closes yet again at highest in nine years
A rollercoaster session at Athinon Avenue on Thursday saw constant shifts from black to red and back, before the benchmark of the market heeded the course of mid-caps to close with gains for yet another day, despite the decline of the banks index. That means the main index has registered yet another nine-year high, with turnover remaining at a particularly satisfactory level.
ATHEX: Benchmark comes off 9-year highs
Traders at the Greek stock market chose to cash in on some of their recent gains on Tuesday, with the main index at Athinon Avenue coming off Monday's nine-year high for some moderate losses for the majority of stocks, led by banks. Nevertheless, mid-caps bucked the trend and their index remained in positive territory.
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