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ATHEX: Remarkable gains despite thin trade
Greek traders seemed to respond to the heat wave on Monday, swimming well in shallow waters, as the local stock market posted significant gains on very limited turnover. Banks and a few select blue chips led the way, as international markets were boosted by news of a possible breakthrough in terms of a coronavirus vaccine.
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ATHEX: Bourse index stays afloat another day
The Greek bourse saw another mixed session with limited action on Tuesday, as turnover showed some improvement and the benchmark stayed afloat without managing to get a firm grip on the 600-point level it had reached during the day.
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ATHEX: Bourse falls 3.85 percent over the week
The Greek bourse had a very quiet Friday, recording the lowest turnover since early March, as traders waited for the Eurogroup decision and Moody's verdict on Greece. The benchmark managed to stay afloat even though it ended on the day's low, with the blue chip index turning red.
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ATHEX: April closes with gains of 12.5 percent
April ended at the Greek stock market on Thursday with some profit taking by traders who cashed in on this week's rise by specific stocks such as banks. Despite that daily drop, April closed with a 12.54 percent advance for the benchmark, to become the first month this year with an increase for the bourse.
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ATHEX: Third day of gains for the stock market
Bank stocks continued their advance at Athinon Avenue on Wednesday, carrying the market's benchmark to a new two-month high, although the low turnover pointed to traders waiting to see how the pandemic will evolve. Stocks were split down the middle between winners and losers.
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ATHEX: Oil prices fuel Athens stock slump
The dramatic slide in oil rates and some negative corporate developments, including QCM's report on Greek Nasdaq-listed firm Akazoo, saw local stocks heading south at the beginning of the week, with the credit sector losing more than 10 percent in a day.
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ATHEX: Stock market swings back into the red
The pendulum at Athinon Avenue swung deep into the red on Wednesday, along with most other eurozone market, while traders had one eye fixed on the auction of the new seven-year bond. Thursday's session will be the last before the Easter holidays.
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ATHEX: Healthy rise for stocks after recess
The Greek stock market returned to action after four days of recess with strong gains for most stocks on Tuesday on optimism that the worst of the coronavirus pandemic in Europe is over and oil prices will revert to stability after the recent agreement between oil-producing states. The late surge was bolstered by news that Greece is planning to tap the markets.
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ATHEX: Bourse index climbs above 600-pt mark
Tuesday's trading session at Athinon Avenue, which closed without any news from the Eurogroup meeting, continued along Monday's growth path, taking the stock market's gains to 4.3 billion euros in capitalization terms from the start of the week as the benchmark has rebounded by almost 12.4 percent in total. This has been accompanied by a fresh decline in bond yields.
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Bourse index parts with nearly 4 pct
The decline that started toward the end of Tuesday's stock trading session at Athinon Avenue continued throughout the day on Wednesday, led by the credit sector, which took significant losses, in line with most international markets. Daily turnover dropped significantly.
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