Third straight session of losses for main bourse index
While New York’s Dow Jones continued to climb to record highs on Tuesday, the Greek bourse continued its slide, with pessimism on banks and the recapitalization process that may well strip small stakeholders of their assets taking its toll.
The Athens Exchange (ATHEX) general index closed at 967.15 points, shedding 0.29 percent from Monday’s 969.97. The large-cap FTSE/ATHEX-25 index contracted by 0.25 percent, ending at 319.24 points.
The third southbound session for the local bourse was dominated by sinking banks, whose sectoral index has dipped to lows unseen since 1987. Piraeus Bank gave up 5.96 percent, while OPAP added 4.55 percent.
In total 63 stocks recorded gains, 75 sustained losses and 33 remained unchanged.
Turnover amounted to 46.9 million euros, down from Monday’s 51.8 million.
A parliamentary committee tasked with investigating former Finance Minister Giorgos Papaconstantinou over claims that he removed the names of three relatives from the Lagarde list of Greek d...
The Athens Appeals Court which is hearing the trial of former Defense Minister Akis Tsochatzopoulos for money laundering on Friday rejected a request for the former members of the Government...
PAOK recovered some of the ground lost in the Super League playoffs by beating fellow Champions League-spot contender Asteras 2-1 at Tripoli on Wednesday, while PAS Giannina and Atromitos sh...
The league that in the last three years has produced the European basketball champion entered its playoffs on Tuesday and Wednesday with the first games of the quarterfinal round, with AGO R...
The dramatic appeal for a national mobilization in the face of a heightened threat of devastating forest fires this summer, which Public Order Minister Nikos Dendias voiced in Parliament on ...
The danger of wildfires breaking out across the country in the summer period is just as high this year just as it has been every other year before.
But, the tools and infrastructure availabl...
