Tuesday September 30, 2014 Search
Weather | Athens
26o C
17o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Eurobank, PPC propel local bourse higher

While the Eurobank rebound and the Goldman Sachs report which upgraded its recommendation for Public Power Corporation stock from “neutral” to “buy” marked a day of recovery for the majority of stocks on the local market on Wednesday, it is clear that major placements are only reserved for corporate and sovereign bonds and share capital increases, and not for the bourse.

The Athens Exchange (ATHEX) general index closed at 1,231.25 points, adding 1.33 percent to Tuesday’s 1,215.08 points. The large-cap FTSE/ATHEX 25 expanded 1.10 percent to 395.56 points while small-caps declined by 0.88 percent.

MIG outperformed, rising 7.19 percent, and PPC added 5.58 percent, while Eurobank recovered 6.67 percent after Tuesday’s 19 percent drop. The Capital Market Commission warned of extensive checks on the buyers and sellers of the lender’s stock. Terna Energy grew 5.78 percent, a day after signing a cooperation agreement with an Abu Dhabi firm.

National Bank slid 3.20 percent to 2.72 euros, a new nine-month low, as it edges ever closer to the likely price range of the new share issue, expected at 2.10-2.60 euros.

In total, 79 stocks went up, 46 posted losses and 25 were non-movers.

Turnover amounted to 124.5 million euros, down from Tuesday’s 131.6 million.

ekathimerini.com , Wednesday May 7, 2014 (20:42)  
S&P upgrades OTE’s credit rating and revises outlook
Remarkable growth in Athens tourism
Political clouds over Greece deter bond investors
Major US deals for Corinth Pipeworks
Would-be commissioner Avramopoulos sets out priorities on migration
Dimitris Avramopoulos, the EU commissioner-designate for migration and home affairs, on Tuesday sought to set out his priorities for a post regarded as more crucial than ever amid increasing...
Money ring sent 4.5 mln abroad
Two Afghan employees at a currency exchange bureau in central Athens and a Greek alleged to own the establishment were detained on Tuesday in connection to the alleged illegal transfer of mo...
Inside News
SOCCER
All team sports suspended next weekend in memory of dead fan
The government announced on Monday the suspension of all team sports events in Greece scheduled for next weekend, October 4 and 5, in the memory of the Ethnikos Piraeus fan who died a few ho...
SOCCER
Karamanos punishes Michel for deeming him surplus
Atromitos forced Olympiakos’s first loss this season in all competitions on Saturday to allow PAOK to go alone on top of the Super League table on Sunday. Odds-on title favorite Olympiakos l...
Inside Sports
COMMENTARY
Next-day jitters
It is usual for Greek governments, whether one-party or coalitions (which are normally loath to actually work together), to claim that their only real challenge is dealing with the country’s...
EDITORIAL
No sweet debt deals
The lion’s share of Greece’s debt is held by European Union member states and the International Monetary Fund. A writedown of the European part of the debt would require the approval of the ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. S&P upgrades OTE’s credit rating and revises outlook
2. Remarkable growth in Athens tourism
3. Would-be commissioner Avramopoulos sets out priorities on migration
4. Money ring sent 4.5 mln abroad
5. Troika talks begin amid coalition tensions
6. Halandri Roma shacks to be demolished
more news
Today
This Week
1. Next-day jitters
2. Roma camp off Mesogeion Avenue set for demolition amid reactions
3. No sweet debt deals
4. Commissioner-designate Avramopoulos to face three-hour interview on EU's migration portfolio
5. Greek unemployment dips to 27 pct in June, but still highest in EU
6. Roma camp evacuation postponed; flow resumes on Mesogeion Avenue
Today
This Week
1. Alexander the Great's tomb not at Amphipolis, says Culture Minister
2. Greece may opt for unusual president to avoid snap polls, Venizelos says
3. Woman allegedly buried alive by accident in northern Greece
4. Salaries in Greece continue to slide, dipping 1.4 pct in Q2
5. Venizelos denies jihadis are being trained in Greece
6. Should you bet with Kissinger on where the world is heading?
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.