Saturday December 20, 2014 Search
Weather | Athens
17o 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)  
Workers rush to get early retirement
Piraeus Containter Terminal goes from strength to strength
Moscovici: Creditor inspections to become less frequent and ‘lighter’
Property capital gains tax halt
Environment Ministry to reconsider controversial bill
The government over the weekend appeared to backpedal on proposed amendments widely seen as compromising legislation protecting Greek forests as well as Plaka, Athens’s old quarter. The bill...
Corfu to host country’s first hydroplane strip
Merchant Marine Minister Miltiades Varvitsiotis and Deputy Infrastructure and Transport Minister Michalis Papadopoulos have signed a decision paving the way for the country’s first hydroplan...
Inside News
BASKETBALL
Explosive Barca unfazed by Panathinaikos, bomb scare
Panathinaikos lost 80-67 at home to Barcelona on Friday in a rather meaningless game at the end of the first group stage of the Euroleague, but the encounter will be remembered for the bomb ...
SOCCER
Abidal cuts short playing career at Olympiakos
Former France and Barcelona defender Eric Abidal announced his retirement from football on Friday, a day before his last match. Abidal said he will finish after playing for Olympiakos agains...
Inside Sports
COMMENTARY
The big picture
In his second term, US President Barack Obama is taking steps to enshrine his legacy and solidify America’s standing in the 21st century. His recent decision to normalize relations between t...
EDITORIAL
Get your facts straight
The danger that political discourse in Greece will sink to the basest levels of vulgarity is already more than apparent from the allegations we have heard bandied about over recent days. The...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Environment Ministry to reconsider controversial bill
2. Corfu to host country’s first hydroplane strip
3. Political upheaval sharpens after bribe claims with threats and insinuations
4. Police gets new communications system
5. Most Greeks say they recycle daily
6. Probe into revenues of 2 mln euros in Halkidiki municipality
more news
Today
This Week
1. The big picture
2. Get your facts straight
3. Changes on E9 property declarations possible until end-year
4. Probe into revenues of 2 mln euros in Halkidiki municipality
5. Political upheaval sharpens after bribe claims with threats and insinuations
6. Corinth-Patra highway traffic to be diverted
Today
This Week
1. Juncker warns Greeks against voting 'extreme forces' into power
2. Romanos and the dilemma
3. Samaras summons bond vigilantes with euro exit talk
4. A friendly yet firm message from Pierre Moscovici
5. Europe's drama in Greece needs final act to avoid tragedy
6. High stakes
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.