stocks

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ATHEX: Credit stocks push bourse index higher

ATHEX: Credit stocks push bourse index higher Credit sector stocks played the leading role in Thursday’s bourse session which had a happy ending in that it saw the benchmark close at a new seven-year high – and trading volume post a notable increase. On the other hand, utilities came under pressure and mid-caps closed in […]

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ATHEX: Fresh rise for majority of stocks

ATHEX: Fresh rise for majority of stocks Greece’s new 10-year bond issue and the boost observed on foreign markets following statements that suggested the threat of a clash in Ukraine had diminished somewhat gave the Greek bourse an afternoon push that earned the benchmark some decent gains. Non-bank blue chips outperformed, but the overall momentum […]

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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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ATHEX: Stocks rise again, but at slower pace

ATHEX: Stocks rise again, but at slower pace The Greek stock market may have racked up another day of gains for its benchmark on Thursday, but it has clearly lost some of the momentum that has been powering it recently, with losing stocks eventually outnumbering the gainers at the close. Even so the main index […]

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ATHEX: Stock index advances to 8-week high

ATHEX: Stock index advances to 8-week high Bank stocks were in great demand at Athinon Avenue on Monday, with all four systemic lenders seeing their prices rise and take the benchmark of the local bourse to an eight-week high, on remarkably robust daily turnover too. The Athens Exchange (ATHEX) general index closed at 918.41 points, […]

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ATHEX: Banks keep stocks index in the black

ATHEX: Banks keep stocks index in the black The first week of the year has ended with the benchmark at the Greek stock market posting a 1.47% increase compared to December 31, helped by Friday’s jump in bank stock prices. The local market showed some remarkable resilience to pressure from abroad where many bourses headed […]

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ATHEX: Moderate fall for majority of stocks

ATHEX: Moderate fall for majority of stocks Traders chose to cash in on recent stock gains at Athinon Avenue on Wednesday, while banks that have been oversold in recent days headed the other way, posting some notable increases that were in line with the majority of the other European stock markets. The benchmark remained well […]

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European stocks kick off 2022 at record highs

European stocks kick off 2022 at record highs European shares hit all-time highs on Monday, starting the year in an upbeat mood on hopes of steady economic recovery despite soaring cases of the Omicron coronavirus variant. The pan-European STOXX 600 index was up 0.6% at 490.76 points, as of 0821 GMT, surpassing its November record […]

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ATHEX: Benchmark manages to edge forward

ATHEX: Benchmark manages to edge forward Greek stocks all but offset their Monday losses on Tuesday, in a moderate effort to follow in the footsteps of other eurozone markets. Banks outperformed in an otherwise quiet session, partly due to the holiday at the London Stock Exchange. With two and-a-half sessions left till the end of […]

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ATHEX: Stocks post mild recovery on thin trade

ATHEX: Stocks post mild recovery on thin trade Athinon Avenue followed the rebound of most European stock markets on Tuesday, but at quite some distance, as its recovery from recent lows was mitigated in terms of both price rise and trading volume. Many traders have already called it a year and are showing no interest […]

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ATHEX: More losses inflicted on local stocks

ATHEX: More losses inflicted on local stocks The late selling spree at Athinon Avenue on Friday, associated with the December triple witching, offset more than half of Thursday’s gains for the benchmark and confirmed this was a losing week for the Greek stock market. Sellers focused mainly on bank stocks, with the positive impact from […]

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ATHEX: Stocks slip on another quiet day

ATHEX: Stocks slip on another quiet day As traders waited to see the views of central bankers the world over, the Greek stock market had a predictably quiet session on Wednesday, with losses for the majority of stocks two weeks before the year ends, almost like a runner summoning all his strength ahead of the […]

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ATHEX: Mixed session on reduced transactions

ATHEX: Mixed session on reduced transactions Greek stocks were adrift on Thursday, with the majority posting losses at the end of a mixed session, as did the mid-cap index. Banks and blue chips managed to offset early losses, finishing the day in the black, while turnover was the lowest in five days. The Athens Exchange […]

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ATHEX: Stocks post moderate recovery

ATHEX: Stocks post moderate recovery The benchmark of the Greek stock market only recovered a third of its losses registered on Friday in Monday’s session, but even that rise was welcome in the context of the previous days’ decline. Bank stocks outperformed, heeding the course set by most other European bourses. However, this is more […]

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Stocks Sink After Discovery of New COVID Variant “Omicron”

Stocks Sink After Discovery of New COVID Variant “Omicron” The discovery of the Omicron variant has caused stock markets to crash around the world. Credit: Public Domain The discovery of the new Omicron variant of Covid-19 sent financial markets into a spiral on Friday, causing the Dow Jones Industrial Average to lose over 1,000 points. […]

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ATHEX: Stocks head higher on low turnover

ATHEX: Stocks head higher on low turnover Greek stocks were back in the black on Thursday as they reacted after four consecutive days of decline and posted significant gains, taking the benchmark close to the 900-point mark again. The Thanksgiving holiday in the US meant the day’s turnover at Athinon Avenue was greatly reduced, with […]

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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 advances to 10-week high

ATHEX: Benchmark advances to 10-week high Bank stocks pushed the local benchmark higher, to a level unseen in over two-and-a-half months on Thursday, ahead of Friday’s third-quarter results issue by Piraeus Bank and the Greek credit rating verdict from Moody’s, which Morgan Stanley expects to be an upgrade. Nevertheless, the turnover wasn’t very convincing, and […]

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ATHEX: Stocks bounce back after long decline

ATHEX: Stocks bounce back after long decline The Greek stock market showed some reaction on Wednesday to six consecutive southbound sessions for the benchmark. Its gains may also be connected to some optimism ahead of Friday’s verdict by Moody’s on Greece’s credit rating. National Bank continues to be the main driver on the growth path, […]

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ATHEX: PPC contains decline in stock market

ATHEX: PPC contains decline in stock market Stocks started the week at Athinon Avenue on a clear southward trajectory, led by banks, but the reaction from a few blue chips toward the end of the session moderated the losses. As a result the market was in line with that of most other eurozone bourses, with […]

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ATHEX: Stocks dip but momentum still strong

ATHEX: Stocks dip but momentum still strong Despite the minor drop in the benchmark at Athinon Avenue, traders showed keen interest in local stocks for the second day in a row on Tuesday. The session ended with the winners taking a clear lead over the losers, as mid-caps headed higher and turnover remained satisfactory. It […]

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ATHEX: Banks stocks continue on their way up

ATHEX: Banks stocks continue on their way up The Greek stock market showed unusual resilience on Wednesday in the face of a downward flow by most other eurozone bourses, posting some decent gains for most blue chips, with the banks index climbing to a five-month high. The Athens Exchange (ATHEX) general index closed at 908.12 […]

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ATHEX: Strong show by oil stocks boosts index

ATHEX: Strong show by oil stocks boosts index The Greek stock market may have advanced for the third session in a row, but Tuesday’s ascent was by far the most convincing of the three, despite its relatively low trading volume. Oil companies led the way, followed by banks and most other blue chips, as Athinon […]

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ATHEX: Stocks edge higher on low turnover

ATHEX: Stocks edge higher on low turnover After another session of ups and downs within a narrow range, the benchmark of the Greek stock market posted minor gains on Monday as it began its third consecutive week below the 900-point mark. The presentation of the first draft budget did help bank stocks up to a […]

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ATHEX: Stocks head higher after early losses

ATHEX: Stocks head higher after early losses Most stocks reverted from red to black during the course of the session at the Greek bourse on Friday, with October beginning on a positive note mainly thanks to non-bank blue chips that swung higher toward the end of the day. First-half financial results continue to play a […]

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Conserving fish stocks in the Mediterranean

Conserving fish stocks in the Mediterranean The European Commission adopted a proposal on Friday for fishing opportunities for 2022 in the Mediterranean and the Black Sea. The proposal promotes the sustainable management of fish stocks in the Mediterranean and the Black Sea and delivers on the political commitments made in the MedFish4Ever and Sofia Declarations. […]

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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 losses for majority of local stocks

ATHEX: Small losses for majority of local stocks Investors in Greek stocks proved quite indifferent to the Moody’s estimate on Wednesday that the local economy will grow spectacularly this year by 8.2%, leaving the benchmark at Athinon Avenue with minor losses. Just a handful of blue chips resisted the pressure. The Athens Exchange (ATHEX) general […]

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ATHEX: Index posts marginal rise over the week

ATHEX: Index posts marginal rise over the week Bank stocks served to contain the benchmark drop at Athinon Avenue on Friday, the fourth straight day of losses for the Greek bourse, which generally presented a mixed picture on reduced turnover. The outlook for the market remains positive, though, as buyers appear to be waiting for […]

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ATHEX: No halt to slide for local stocks

ATHEX: No halt to slide for local stocks Τhe third consecutive southbound session for the benchmark of the Greek stock market ended on Thursday with a rather mixed picture, with banks notching up some gains and the trading volume reverting to August levels. Construction firms sank anew, while energy stocks headed higher. The Athens Exchange […]

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