Viohalco

ATHEX: Greek stock index reduces distance from 900-pt mark

The main index at Athinon Avenue edged even closer to the elusive milestone of 900 points on Tuesday, with positive reports fueling the growth of bank stock prices and other blue chips.

The Athens Exchange (ATHEX) general index ended at 893.37 points, adding 0.57 percent to Monday's 888.29 points. The large-cap FTSE 25 index expanded 0.42 percent to 2,232.79 points.

ATHEX: Banks index hits 14-month high, offsetting Brexit blues

The Brexit limbo that affected most eurozone stock markets on Wednesday was largely offset in Athens by optimism in the local credit sector and the continued decline of Greek bond yields, leaving the main index at Athinon Avenue largely unchanged, while the banks index climbed to levels unseen in 14 months.

ATHEX: Stock index contraction is contained by session’s end

Stocks continued to decline on Tuesday at Athinon Avenue, as pressure grew, mainly on bank stocks, before easing during the closing auctions.

The Athens Exchange (ATHEX) general index ended at 861.50 points, shedding 0.80 percent from Monday's 868.42 points. The large-cap FTSE 25 index contracted 0.79 percent to 2,139.95 points, while small-caps increased 0.22 percent.

Pages