Tagged: ATHEX

ATHEX: Late selling in bank stocks sends index south again

Reports that Monday’s Eurogroup had ended without any news of progress in the negotiations between Athens and its creditors inflicted a late blow on the Greek bourse benchmark yesterday, with the impact felt mostly by bank stocks. In fact the majority of stocks remained in the green on closing, unaffected by the concerns mainly coming […]

ATHEX: National Bank drags bourse index lower

The losses sustained by bank stocks at the start of the trading week weighed on the Greek bourse benchmark in what was a rather nervous session in view of Monday’s Eurogroup meeting. As a result, the main index ended lower, even though most other blue chips posted gains. The Athens Exchange (ATHEX) general index closed […]

ATHEX: Low expectations produce mixed results for Greek stocks

Stocks on the Athens bourse had a rather quiet start to the week on Tuesday, the same day that talks resumed on the second bailout review, with expectations remaining low for now. Trading volume only increased somewhat during the closing auctions. The Athens Exchange (ATHEX) general index closed at 645.88 points, adding 0.08 percent to […]

ATHEX: Index tops 660 points

The Greek bourse benchmark advanced for a sixth day in a row on Thursday, ending the week just above 660 points, on ever rising volume. The Athens Exchange (ATHEX) general index closed at 660.30 points, adding 0.42 percent to Wednesday’s 657.54 points. On a weekly basis it grew 2.59 percent. The large-cap FTSE 25 index […]

ATHEX: 2016 ends in the green

The moderate gains recorded in the Greek bourse’s last session of the year meant that the benchmark finished 2016 in the green, adding 1.95 percent to its value at the end of 2015. This meant that after two years of decline (2014 and 2015), the main index at Athinon Avenue has recorded a small recovery. […]

ATHEX edges lower on slightly higher volume

Early gains evaporated for the majority of stocks on the Greek bourse on Wednesday, which ended with a small decline for the benchmark and slightly increased trading volume. The Athens Exchange (ATHEX) general index closed at 635.74 points, shedding 0.07 percent from Tuesday’s 636.19 points. The large-cap FTSE 25 index contracted 0.23 percent to close […]

ATHEX: Small losses at the end of a declining week

The Greek bourse was in a holiday mood on Friday, with trading action being particularly reduced and stocks having a mixed picture at the end of the session. The Athens Exchange (ATHEX) general index closed at 630.28 points, shedding 0.25 percent from Thursday’s 631.85 points. On a weekly basis it declined 1.46 percent. The large-cap […]

ATHEX: Stocks slide on ESM news

The decision by the European Stability Mechanism (ESM) to freeze short-term measures to ease Greece’s debt also froze buying interest in the local market, leading to losses for the majority of stocks on Wednesday, which may well continue into Thursday’s session. The Athens Exchange (ATHEX) general index ended at 619.19 points, shedding 3.21 percent from […]

ATHEX: Stocks post 3rd week of gains

The majority of Greek stocks headed south at the end of the bourse benchmark’s third consecutive week of gains, although blue chips and mid-caps edged up on increased turnover. Monday’s Euro Working Group is likely to give the market a good taste of what is to come next week. The Athens Exchange (ATHEX) general index […]

ATHEX: Main index falls over 2 pct in September

September deducted 2.05 percent from the value of the Greek bourse’s benchmark as Friday was another day of decline for the majority of blue chips. Banks, whose index lost some 11.2 percent of its value in September, suffered a 0.98 percent drop on the day as the repercussions of the Deutsche Bank turmoil and renewed […]

ATHEX ends week on a negative note

The final week of August painted a difficult picture for investors on the Athens Stock Exchange thanks to low trading volumes making even so-called blue chip stocks unattractive. On Monday the general index strengthened 0.84 percent to 566.01 points. The value of transactions remained low and came to 21.34 million euros. Positive sentiment prevailed on […]

ATHEX ends week on a high with fourth rise

Investors appeared relieved by the gross domestic product figures published on Friday, which showed that the Greek economy had grown marginally in the second quarter of 2016 on a quarterly basis. This was seen as the key reason behind the Athens Stock Exchange general index rising for a fourth day in a row. It increased […]