Terna

The three consortiums bidding for the construction project of the fourth Athens metro line have been short-listed for the second stage of the tender. The three suitors have been asked to table their financial and technical offers by December 10, so that the selection process for the biggest public works project of the next decade can begin.

The benchmark of the Greek stock market dipped to a new 17-month low on Wednesday as pressure continued not only on bank stocks but also across the blue chip board as well as on bond prices. A balancing session is probably due.

The deadline of the tender for the contractor to undertake the extension of the Piraeus cruise passenger port has been stretched by a few more days due to the strong competition among major construction groups.

Greek conglomerate GEK Terna is seen as the frontrunner for winning a tender to carry out preparatory works prior to construction for a new metro line in the Greek capital, according to sources.

The project concerns work on the first section of Line 4, which will connect downtown Athens from Alsos Veikou to Goudi.

Banks recorded robust gains on Monday, leading the benchmark at the Athens stock market higher in the first session of the week.

Stocks of Piraeus Bank, PPC, Jumbo and the National Bank overperformed, though turnover remained thin.

Greek stocks ended higher for the second session in a row on the Athens Stock Exchange on Thursday, pushed by blue chips.

The general index rose 1.63 percent to close at 731.19 points against Wednesday's 719.46 points. The Large-Cap index ended 1.37 percent higher and the Mid-Cap gained by 0.98 percent.

Greek stocks rebounded on the Athens Exchange on Wednesday, led by a strong interest in banking shares.

The ATHEX general index rallied 2.02 percent to end at 719.46 points, having however dropped to an intraday low of 700.27 points. Turnover came to 39.998 million euros.

The large-cap FTSE-25 index rose 1.94 percent and mid-caps advanced 1.56 percent.

August dawned on the Greek bourse with a return to poor trading volume on Wednesday. Still, the Athens Exchange (ATHEX) benchmark ended in the black after earlier losses were offset during the closing auctions.

The ATHEX general index ended at 761.66 points, adding 0.06 percent to Tuesday's 761.23 points.

August dawned on the Greek bourse with a return to poor trading volume on Wednesday. Still, the Athens Exchange (ATHEX) benchmark ended in the black after earlier losses were offset during the closing auctions.

The ATHEX general index ended at 761.66 points, adding 0.06 percent to Tuesday's 761.23 points.

Bank stocks helped the Greek market's main index climb almost 1 percent on Monday, following their outlook upgrade by Moody's and despite the increase in the yield on Greek bonds on the secondary market.