Saturday March 28, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Benchmark back to level of Jan 2014

The local bourseís fourth consecutive day of losses, albeit relatively small, wiped out all of the benchmarkís gains since the start of the year on Tuesday.

The main index is now 0.16 percent worse off than on January 1, with observers noting that the valuation of a number of listed companies are not justified by the fundamentals.

The Athens Exchange (ATHEX) general index closed at 1,160.81 points, dropping 0.32 percent from Mondayís 1,164.59 points. The large-cap FTSE/ATHEX 25 contracted just 0.07 percent to close at 374.28 points, but mid-caps gave up 2.36 percent.

Traders cite the lack of cash in the market after it was all absorbed by the banksí recent share capital increases. They also point to the absence of any news to send stocks higher as well as the political risk that this monthís local and European elections entail.

National Bank, the only blue chip to head north on Monday, was the worst off on Tuesday, shedding 4.94 percent. Folli Follie added 2.45 percent and Frigoglass expanded 2.07 percent.

In total 43 stocks recorded gains, 79 sustained losses and 22 ended unchanged.

Turnover amounted to 136.9 million euros, down from Mondayís 161.3 million.

ekathimerini.com , Tuesday May 13, 2014 (20:41)  
Fitch downgrades Greece amid bailout uncertainty
Bank accounts continue to bleed
Hania and Athens are the top picks for Easter visitors
Landlords to pay tax on unpaid rent
Disabled convicts to be freed early
A bill allowing prisoners with serious disabilities to be released early is due to be submitted to Parliament next week despite objections from some opposition parties. The would-be legislat...
Greek energy minister starts two-day visit to Russia on Monday
Energy Minister Panayiotis Lafazanis is due to meet his Russian counterpart Alexander Novak and the chief executive of energy giant Gazprom, Alexey Miller, in Moscow on Monday. Lafazanisís m...
Inside News
BASKETBALL
Greens live dangerously in Istanbul
Panathinaikos played with fire in Istanbul, but still managed to beat Galatasaray 86-84 on Friday and climb to the third sport of its group two games before the end of the Euroleague top-16....
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
Inside Sports
COMMENTARY
Letīs change the subject
Letís talk about the weather. The cloudy skies, the rain, storms and humidity, the overall heavy atmosphere. Itís better to think of that than politics and politicians, whatever cuts they ma...
EDITORIAL
Too little, too late?
Many of the measures that are rumored to comprise part of the list that the Greek government is expected to submit to the European Commission, European Central Bank and the International Mon...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
†RECENT NEWS
1. Disabled convicts to be freed early
2. Greek energy minister starts two-day visit to Russia on Monday
3. Opposition tells Tsipras to get control of his party
4. Vitsentzos Kornaros passenger ferry finally on its way
5. Foreign laborer dies after falling from 3rd floor of Iraklio building
6. A 5.3 Richter quake rattles area between Crete and Kasos
more news
Today
This Week
1. Fitch downgrades Greece amid bailout uncertainty
2. Let's change the subject
3. Too little, too late?
4. Opposition tells Tsipras to get control of his party
5. Disabled convicts to be freed early
6. Five arrested over debts to the state
Today
This Week
1. Next Monday is D-Day for state funds
2. EU asks Greece for more reforms to speed talks on bailout
3. PM faces Merkel amid race to detail reforms
4. Some more equal than others
5. Greece to present reforms by Monday, says gov't spokesman [Update]
6. Looking at the Chinese model
†††Find us ...
††... on
Twitter
†† ††... on Facebook ††
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.