gains

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ATHEX: Stocks gains of 4.73% in past week

ATHEX: Stocks gains of 4.73% in past week The Greek stock market’s rising sequence in recent days came to a predictable end on Friday, though the profit-taking, which had been expected, was particularly mild and appeared to end about halfway through the session, as the benchmark recovered about half of its earlier losses. The Athens […]

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Stock Market Sees Double-Digit Gains in 2021 in Pandemic Rebound

Stock Market Sees Double-Digit Gains in 2021 in Pandemic Rebound Wall Street saw another banner year despite the incredible difficulties placed on the economy by another year of the pandemic. Credit: Unknown/CC BY-SA 3.0 The stock market is ending 2021 with near-historic highs after the slings and arrows thrown at it from yet another year […]

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Bourse closes for Christmas with small weekly gains

Bourse closes for Christmas with small weekly gains Omicron concerns are gradually easing internationally, sending stock prices higher. The Greek bourse followed the trend to offer gains to the majority of its stocks on Thursday, before closing for Christmas, to end the week with slight gains. The Athens Exchange (ATHEX) general index closed at 890.73 […]

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ATHEX: Second day of moderate stock gains

ATHEX: Second day of moderate stock gains The three most important blue chips outside the banks sector at the Greek stock market kept the benchmark in the black on Wednesday despite early losses. The majority of stocks still ended in the red, though. Coca-Cola HBC, OTE and OPAP propped up the main index against a […]

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Turkish lira holds gains from volatile rally after government backstop

Turkish lira holds gains from volatile rally after government backstop Turkey’s lira steadied on Wednesday and held gains from what is so far its best week two decades, after the currency charged back from record lows due to President Tayyip Erdogan’s new steps to guard Turks’ savings against such volatility. The lira stood at 12.25 […]

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Large economic gains from Greece 2.0

Large economic gains from Greece 2.0 The money from the recovery fund and the “Greece 2.0” program will help the country regain a part of the growth lost during the pandemic, provided that it is invested correctly, Alternate Finance Minister Thodoros Skylakakis said in an interview with the Athens-Macedonian News Agency. He explained that the […]

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ND maintains solid lead as KINAL gains ground, MRB poll shows

ND maintains solid lead as KINAL gains ground, MRB poll shows Ruling New Democracy conservatives are leading leftist SYRIZA opposition by more than 10 percentage points, according to an MRB poll published on Friday. According to the poll, which was carried out from December 1-10, if elections were held today 31.3 percent said they would […]

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ATHEX: Notable gains on universal recovery

ATHEX: Notable gains on universal recovery Athinon Avenue rode the wave of recovery that swept most international stock markets on Tuesday, bringing gains to the majority of local stocks which were also boosted by some corporate results that added to the day’s momentum. Still, the level of transactions remained stagnant, with bigger players apparently reluctant […]

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ATHEX: Stocks make minor gains over week

ATHEX: Stocks make minor gains over week European concerns over the fourth wave of the pandemic and the economic consequences of the increasing restrictions weighed on the local stock market on Friday, though the drop was contained to eight points. That was just about enough to make it the third consecutive week with gains. The […]

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ATHEX: Benchmark posts minor decline

ATHEX: Benchmark posts minor decline Non-bank blue chips offset the gains recorded by lenders and Lamda Development at Athinon Avenue on Tuesday, to see the stock market benchmark slip slightly, as losers clearly outnumbered winners overall.  With all eyes on the PPC share capital increase, the main index saw little action during the day, without […]

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Squid Game Cryptocurrency Gains over 2000% in Days

Squid Game Cryptocurrency Gains over 2000% in Days One born practically every minute. The SQUID cryptocurrency is based on the smash Korean TV series “Squid Game.” Credit: Youngkyu Park / Netflix It is not a part of the official franchise, but a new cryptocurrency based on the television series “The Squid Game” is gaining rapidly […]

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ATHEX: Small rise as most gains evaporate

ATHEX: Small rise as most gains evaporate While the benchmark at Athinon Avenue spent the entire day on Tuesday counting gains, it ended the session on the back foot, near the day’s lows, with marginal gains, low turnover and the majority of stocks actually posting losses. Even so, the main index again managed to hold […]

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ATHEX: Stock index starts week with a drop

ATHEX: Stock index starts week with a drop The early gains for the benchmark at Athinon Avenue had been reversed by the end of the week’s first session, although the overall market picture was mixed and the banks and mid-caps indexes both posted an increase. Perhaps the market is already looking forward to this Friday’s […]

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ATHEX: Steep decline as worries grow

ATHEX: Steep decline as worries grow The early gains at the Greek stock market gave way to a steep decline for the majority of stocks on Tuesday on global uncertainty that sent share prices sliding, bond yields climbing and commodity rates soaring. It took less than 50 million euros of turnover for the benchmark at […]

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ATHEX: Mixed day with small index gains

ATHEX: Mixed day with small index gains The Greek stock market once again on Monday followed in the footsteps of its eurozone peers that made no secret of their satisfaction with the German election result. The benchmark at Athinon Avenue managed to notch up some moderate gains even though the majority of stocks as well […]

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ATHEX: Convincing gains for most stocks

ATHEX: Convincing gains for most stocks Friday’s September triple witching session follows a day of more convincing growth at the Greek bourse, with bank stocks finally recovering on the growing number of positive corporate reports for the first half of the year, and the trend for growth recorded on Thursday across eurozone markets. The Athens […]

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ATHEX: Small gains for bourse benchmark

ATHEX: Small gains for bourse benchmark Non-bank blue chips kept the main index at Athinon Avenue in positive territory on Tuesday after a mixed session that ended with rising stocks maintaining a narrow lead over the losers. Traders would be forgiven for saving their energy for Friday’s session, which is expected to see the month’s […]

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ATHEX: Moderate stock gains following TIF

ATHEX: Moderate stock gains following TIF The Greek stock market didn’t react with great enthusiasm to the government announcements in Thessaloniki, but still gave blue chips and the benchmark a bit of a push, although the majority of stocks sustained losses. A key part in Monday’s benchmark increase was played by Public Power Corporation’s stock, […]

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ATHEX: Uptick sends index back over 900 pts

ATHEX: Uptick sends index back over 900 pts The moderate gains that bank stocks secured for the benchmark on Friday did not suffice to avert a net weekly loss for the main index at Athinon Avenue. They did suffice, however, for the main index to recapture the 900-point mark, with the next critical day now […]

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Stocks drop as investors lock in gains

Stocks drop as investors lock in gains Athens shares retreated yesterday as investors’ locked in profits after the market reached a 19-month high on Monday. General index ATHEX closed at 923.15 points, down 0.66%, after dropping as much as 0.92% during the session. Overall, ATHEX added 3.93% in August and is up 14.11% in 2021. […]

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Stock market gains 1.13%, tops 900 pts

Stock market gains 1.13%, tops 900 pts In a rare case of bucking negative trends in Europe, the Athens Stock Exchange finally rose back above the 900-point mark Tuesday. The ATHEX general index closed at 907.56 points, gaining 1.13%, having reached an intrasession high of 911.17 (+1.53%). Blue chips rose 1.19% and mid-caps 0.45%. Turnover […]

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Sellers bring an end to ATHEX run

Sellers bring an end to ATHEX run The Athens stock market’s run of gains was halted at 10 sessions Tuesday, with a negative opening at Wall Street helping reverse earlier gains. The ATHEX general index closed at 895.19 points, 0.25% lower than Monday. While global investors’ worries about a possible further expansion of Covid-19’s Delta […]

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ATHEX: July swings to gains right at the end

ATHEX: July swings to gains right at the end The benchmark of the Greek stock market completed on Friday nine consecutive sessions of growth, matching this year’s record in early April, and narrowly swinging July from a month of losses into one of gains, ending the downward slide set by May and June. That was […]

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ATHEX: Another day of moderate stock gains

ATHEX: Another day of moderate stock gains For a fifth session in a row, the Greek stock market edged higher on low turnover on Monday, as if the sellers have gone away on holiday before the buyers. Blue chips shook off some early pressure to start climbing and sustained gains even without the help of […]

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Cyprus Gains Momentum in US Politics; UN Calls on Turkey to Reverse Course

Cyprus Gains Momentum in US Politics; UN Calls on Turkey to Reverse Course Congress is alarmed on developments in Cyprus following the Turkish provocations. Public domain The Cyprus issue is gaining momentum in US politics across the aisle after the latest provocation by Turkey and the Turkish Cypriots to announce the reopening of part of […]

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ATHEX: Strong gains for almost all blue chips

ATHEX: Strong gains for almost all blue chips A strong showing by stocks on both sides of the Atlantic boosted the Greek bourse on Wednesday, allowing it to report a small rebound despite relatively thin trading volume that was more reminiscent of August sessions than July’s. The Athens Exchange (ATHEX) general index closed at 854.22 […]

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Britney Spears Gains Momentum in Conservatorship Battle

Britney Spears Gains Momentum in Conservatorship Battle Britney Spears has been under a Conservatorship since 2008. Credit: Marc E., CC BY 2.0 Britney Spears has reached new ground in her ongoing fight to regain independence after being placed under a conservatorship in 2008. Judge Brenda Penny, who is overseeing Spears’ case, has granted Spears the […]

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Greece 2.0 plan gains approval

Greece 2.0 plan gains approval The recovery and resilience plans of Greece and 11 other European Union member-states on Tuesday received the necessary approval of the EU economy and finance ministers, opening the way for the payment of the first disbursements within this month. “Today is an important day for Greece and Europe,” Finance Minister […]

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ATHEX: Small gains for majority of stocks

ATHEX: Small gains for majority of stocks Greek stocks had another day of moderate gains on Wednesday, helping the benchmark edge higher, albeit on the lowest daily turnover in 11 sessions. This time gainers outnumbered the losers, but it will take a significant boost, possibly from non-corporate related factors, to see the main index reach […]

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ATHEX: Small gains for index on blue chips

ATHEX: Small gains for index on blue chips A handful of influential blue chips made the difference on Thursday at Athinon Avenue as their advance sufficed to reverse the early losses and lead the benchmark to minor gains upon closing, even if the majority of stocks did end up on the losing side. The Athens […]

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