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benchmark

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ATHEX: Benchmark sheds 2% on profit taking

ATHEX: Benchmark sheds 2% on profit taking Traders chose on Friday to cash in their recent profits at Athinon Avenue, sending the benchmark of the Greek bourse back close to 900 points through the biggest daily drop in over two months, which also swung the weekly results from gains into losses.  The high turnover on […]

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ATHEX: Seven-month high for local stock index

ATHEX: Seven-month high for local stock index The benchmark of the Greek stock market soared to a new seven-month high on Thursday as a late rally with selective moves and the quite satisfactory trading volume despite the US holiday gave Athinon Avenue the springboard for more gains in what is about to prove one of […]

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ATHEX: Bourse index back on top of 900 points

ATHEX: Bourse index back on top of 900 points Bank stocks helped the benchmark recapture the psychologically important 900-point level on Tuesday after another day of price growth at Athinon Avenue. This was despite international jitters over estimates of a further slowdown in global growth and a partial lockdown in Chinese cities. A number of […]

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ATHEX: Benchmark slips further below 900 points

ATHEX: Benchmark slips further below 900 points The Greek stock market slipped further on Thursday, following Wednesday’s decline, in a session that started with buyers reacting to the previous day’s drop with selective moves and ended with sellers having the upper hand, with all indexes ending in the red. However, there is no clear trend […]

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ATHEX: Bourse index recaptures 900-pt mark

ATHEX: Bourse index recaptures 900-pt mark The Greek stock market’s benchmark has finally recaptured the psychologically significant 900-point mark, rising on Monday to levels unseen in the last six months, even if that was after a narrow session in terms of price fluctuations and with turnover failing even to make 50 million euros. Foreign portfolios […]

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ATHEX: Benchmark closes at 10-week high

ATHEX: Benchmark closes at 10-week high The Greek bourse capped another week of growth with a remarkable Friday session that saw the benchmark grow by more than 2% on the day to climb close to 880 points, driven partly by the very positive market feedback on banks’ performance over the third quarter of the year. […]

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ATHEX: All Tuesday’s stock losses recouped on Wednesday

ATHEX: All Tuesday’s stock losses recouped on Wednesday The ATHEX benchmark returned on Wednesday to its closing level on Monday, as it managed to offset not only the early losses on the day but also those recorded on Tuesday, albeit on smaller trading volume. This was largely due to the market’s anticipation of the verdicts […]

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ATHEX: Fourth week of gains for benchmark

ATHEX: Fourth week of gains for benchmark For a third session in a row, it was a bit of a mixed picture on the Greek stock market, with the benchmark posting minor losses and investors trading selectively, this time giving a clear lead to rising stocks at the end of the trading week and with […]

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ATHEX: Benchmark fails to hold 2-month high

ATHEX: Benchmark fails to hold 2-month high The Greek stock market benchmark index came off its two-month high registered at Monday’s close during a stint of profit taking on Tuesday. Most European markets seemed to lack any particular direction amid uncertainty regarding the future policy of the European Central Bank and the US Fed. The […]

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GNTO: 2022 to become new benchmark for tourism

GNTO: 2022 to become new benchmark for tourism The president of the Greek National Tourism Organization (GNTO), Angela Gerekou, and GNTO Secretary-General Dimitris Fragakis told last Friday’s 2022 Greek Hospitality Awards ceremony that this year will be used as a yardstick in the future for Greek tourism thanks to its record figures. Gerekou referred to […]

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ATHEX: Benchmark climbs to a 7-week high

ATHEX: Benchmark climbs to a 7-week high The Greek stock market extended its upward trajectory on Tuesday, with banks playing the leading role this time after largely sitting out Monday’s growth spurt. The UK economic policy reversal appeased international market and released some forces eager for profits, which the Athens market can certainly provide given […]

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ATHEX: Stocks index reaches a 5-week high

ATHEX: Stocks index reaches a 5-week high The benchmark of the stock market in Athens spent all day in the black and climbed to a new five-week high on Monday, mostly thanks to the growth reported from foreign markets at the start of the week. However, trading activity remained low, which dampened most of the […]

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ATHEX: Benchmark closes at three-week high

ATHEX: Benchmark closes at three-week high The remarkable turnaround in Thursday’s session on Wall Street was reflected on Friday at the Greek stock market, whose benchmark moved up to a three-week high. Banks and certain other heavyweight blue chips boosted prices, even if the lower capitalizations appeared unable to keep up with them. The Athens […]

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ATHEX: CCHBC keeps benchmark in the black

ATHEX: CCHBC keeps benchmark in the black The Greek stock market had another mixed session on Monday, only this time the benchmark closed in the black, mainly thanks to a handful of outperforming blue chips such as Coca-Cola HBC and to the northward move during the closing auctions. The US holiday contributed to the particularly […]

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ATHEX: Benchmark dips to new 2-month low

ATHEX: Benchmark dips to new 2-month low Stock markets across Europe reflected the pessimistic view that there may be a possible escalation in the war in Eastern Europe, while the rally of global interest rates and the soaring inflation continued to eat away at the value of money. The Athens bourse suffered fresh losses on Thursday, […]

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ATHEX: Confident start to week for stocks

ATHEX: Confident start to week for stocks The benchmark of the Greek stock market reached the verge of 850 points on Monday with gains that diminished during the day but sufficed to offer it notable growth after a week of significant ups and downs. This third northbound session was once again dominated by a strong […]

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ATHEX: New slump for bourse benchmark

ATHEX: New slump for bourse benchmark The natural gas tug-of-war between Russia and Western Europe had an immediate impact on eurozone stock markets, and Athinon Avenue was no exception on Monday: Its benchmark recorded significant losses, with four times as many falling stocks as gainers. Investors are awaiting the upcoming announcements by European energy ministers […]

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ATHEX: Stocks lose 5.48% over week

ATHEX: Stocks lose 5.48% over week The end of the week at the Athens bourse saw the benchmark rise slightly, mainly with the help of Public Power Corporation, but the majority of local stocks failed to join the recovery momentum of their European peers. The local market is keenly awaiting the European Central Bank’s next […]

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Stocks again end short of 900 points

Stocks again end short of 900 points The local benchmark index again finished just under 900 points Friday, capping a positive week. The ATHEX general index gained 0.17% to close at 899.16 points; 10 minutes before the end of the session, it stood at 902.37. Turnover was €37.63 million. Blue chips gained 0.11% and mid-caps […]

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Benchmark inches closer to 900 points 

Benchmark inches closer to 900 points  Greek stocks followed other European markets Thursday, closing slightly higher. The ATHEX general index closed at 897.63 points, up 0.36%. Turnover was €50.33 million on 23,924,828 shares traded. Blue chips gained 0.47%, while mid-caps slid 0.11%. The best blue chip performers were Terna Energy (2.78%), Alpha Bank (2.54%), metals […]

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ATHEX: Majority of local stocks post gains

ATHEX: Majority of local stocks post gains The benchmark of the Greek bourse remained close to the 830-point mark for another day on Tuesday, closing with negligible gains as a small majority of stocks ended up higher than on Monday, although the local stock market is clearly in search of direction after last week’s solid […]

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ATHEX: Benchmark rebounds on narrow trade

ATHEX: Benchmark rebounds on narrow trade This time the Greek stock market held on to its early gains, and despite the very narrow trade, with turnover failing even to reach 30 million euros, the benchmark at Athinon Avenue returned back above the psychologically important level of 800 points on Monday. Banks and utilities played a […]

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ATHEX: Benchmark recovers to clear 800 pts

ATHEX: Benchmark recovers to clear 800 pts The Greek stock market got the push it needed on Wednesday to clear the 800-point bar, even without support from the banking sector. The Public Power Corporation (PPC) rebound of almost 5% was instrumental to the advance of the benchmark. Rising stocks edged out losing ones, though turnover […]

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ATHEX: Benchmark minimizes weekly drop

ATHEX: Benchmark minimizes weekly drop The Greek stock market benchmark on Friday remained on the recovery path it had convincingly embarked on on Thursday, climbing back above the 800-point mark thanks mainly to banks and construction companies. However, that was not enough to offset all of the week’s losses. The Athens Exchange (ATHEX) general index […]

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ATHEX: Banks drag benchmark into the red

ATHEX: Banks drag benchmark into the red Bank stocks compromised any determination by traders to see a rebound in the Greek bourse on Monday, as they dragged the benchmark and the blue chip index marginally into negative territory, although most other stocks stocks ended the day in the black. The session had a predictably low […]

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ATHEX: Benchmark loses all of day’s gains

ATHEX: Benchmark loses all of day’s gains It can’t be{any coincidence when the same story was repeated at the Greek bourse for a fifth day in a row on Thursday, when stocks slid off their midday highs and the benchmark ended up marginally below Wednesday’s close. The positive remarks by foreign firms and the constant […]

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ATHEX: Benchmark records new 5-week high

ATHEX: Benchmark records new 5-week high The benchmark of the Athens bourse held on to as much growth on Monday as required to top 900 points, giving up most of the gains posted during the week’s first session. The persistently low trading volume points to a wait-and-see stance by traders ahead of significant announcements from […]

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ATHEX: Benchmark closing in on 900 points

ATHEX: Benchmark closing in on 900 points The Greek stock market climbed to a four-week high on Wednesday, as its benchmark closed just below the 900-point mark with winners outnumbering the losers three-to-two. Non-bank blue chips led the way, with the main index advancing without any support from lenders, mid-caps or any good news from […]

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ATHEX: Benchmark closes at 3-week high

ATHEX: Benchmark closes at 3-week high The benchmark of the Greek stock market closed the week at its highest point since early May, as traders appeared unfazed by geopolitical tensions and focused instead on corporate results and announcements, as the sudden drop of Public Power Corporation’s stock also revealed. The somewhat calmer European markets also […]

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ATHEX: Banks lead stock market lower still

ATHEX: Banks lead stock market lower still The benchmark at Athinon Avenue narrowly managed to retain the 850-point mark at the end of Thursday’s session, covering some of the significant losses it had incurred from the start of trade due to the universal decline in international stock markets. While banks led the local bourse south […]

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