Tuesday November 25, 2014 Search
Weather | Athens
14o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Correction on bourse ends rising streak

The impressive rise of the Athens bourse’s main index since December 31 came to an end on Monday as investors opted to cash in on their recent gains, which had pushed the market’s benchmark up 11.95 percent.

The Athens Exchange (ATHEX) general index closed at 1,286.47 points, shedding 0.77 percent from Friday’s 1,296.39 points. The large-cap FTSE/ATHEX 25 contracted 0.43 percent to end at 423.24 points, but small-caps continued to rise, with their index adding 0.16 percent.

Aiding in creating the mood for a price correction were a Bank of America report saying that Greek banks are not in for a rally, and delays seen in the privatization process of the country’s systemic lenders, as highlighted by the opposition.

The biggest rise was reserved for Motor Oil (up 1.61 percent), while Ellaktor gave up 3.76 percent, Marfin Investment Group declined by 3.55 percent, Hellenic Petroleum saw 3.26 percent evaporate and Hellenic Exchanges suffered a 3.24 percent drop.

In total 59 stocks reported gains, 87 registered losses and 16 remained unchanged.

Turnover amounted to 97.8 million euros, down from last Friday’s 147.6 million.

ekathimerini.com , Monday Jan 13, 2014 (19:38)  
All three bids accepted in regional airport tender
DEPA facing 100-mln-euro fine to Gazprom
Manufacturing start made easier
Fewer shut shops in Athens city center this year
Gov’t plays down delay of capital revamp projects
Infrastructure Minister Michalis Chrysochoidis on Monday played down calls by the European Commission for two EU-subsidized regeneration projects for the broader Athens area to be postponed,...
Papandreou proposal sparks war of words inside PASOK
Controversial comments by former PASOK chief and ex-Prime Minister George Papandreou, effectively challenging Evangelos Venizelos’s leadership, have rival factions inside the once-dominant p...
Inside News
SOCCER
EPO ends soccer suspension, Super League resumes
Soccer action will resume this weekend after the Super League convened on Monday, elected a new president and alternate president and sent a letter to the soccer federation that assures it t...
BASKETBALL
Olympiakos ends PAOK´s unbeaten run in Basket League
Olympiakos put an end to PAOK’s unbeaten run in the Basket League with an emphatic win at the Peace and Friendship Stadium, leaving Panathinaikos as the only team with a perfect record so fa...
Inside Sports
COMMENTARY
Extremism from a bygone era
There are times when we seem to be overcome by self-destructive madness. I hear various commentators and politicians speaking in extreme terms of a junta, of defections, gallows, collaborato...
EDITORIAL
No call for more games
Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. EPO ends soccer suspension, Super League resumes
2. All three bids accepted in regional airport tender
3. DEPA facing 100-mln-euro fine to Gazprom
4. Manufacturing start made easier
5. Fewer shut shops in Athens city center this year
6. BoG plans single ‘bad bank’
more news
Today
This Week
1. Scientists expand excavation of ancient Amphipolis
2. Greek officials to meek troika chiefs in Paris to break review stalemate
3. EU said to plan 21 billion-euro risk-sharing fund for investment
4. Police seek to name man who opened fire with AK47 at Piraeus bar
5. Biden informs Anastasiades about content of talks with Erdogan
6. Greece to scrap need for permits in some 900 professions
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Anti-junta uprising anniversary to be marked amid tight security
4. Every age has its collaborators
5. Give Greece a chance
6. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.