Investors shrugged off Standard & Poor’s decision to cut Greece’s credit rating to “selective default” over the bond buyback process, as the bourse added more gains yesterday while turnover reached 100 million euros due to the 6.86 percent stake in Folli Follie that changed hands for over 42 million.
The Athens Exchange (ATHEX) general index ended at 831.70 points, up 1.59 percent from Wednesday’s 818.71 points.
The large-cap FTSE/ATHEX-25 index added 2.03 percent to end up at 291.89 points.
In total 95 stocks posted gains, 49 took losses and 15 were unchanged.
Turnover amounted to 100.2 million euros, compared to Wednesday’s 35.9 million.
Two people are in intensive care and another 11 are being treated for minor injuries after an explosion in a taverna on the island of Salamina, off the coast of Piraeus, on Sunday morning.
F...
A bomb went of on the street where the Greek embassy in Tripoli, Libya, is located but the building was not damaged and there were no injuries, the Foreign Ministry said on Saturday.
"This l...
The start of the Super League playoffs for Greece’s second spot in next season’s Champions League has complicated things, as the teams that started as underdogs beat the favorites at home on...
AEK Athens said on Tuesday it was preparing to declare bankruptcy and seek relegation to the third division.
AEK was relegated from the Super League for the first time in its 89-year history...
Certain people have created a monster and now, when they observe it, they wonder what it is. Golden Dawn, along with all its slogans and behavior, is the work of many, not one single person....
The country has a unique opportunity to turn the page. Society has displayed incredible maturity and responsibility, despite all the hardships. Reforms which had been under discussion for de...
