Tuesday September 23, 2014 Search
Weather | Athens
33o C
20o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Stock rise for third day on brighter news

Greek equities posted gains for a third consecutive day on Wednesday, in line with stocks elsewhere in Europe which were helped by a Morgan Stanley report forecasting benefits for firms from the projected slide in the euro. The market was also bolstered by news of a near end to the Greek recession and the disbursement of a 1-billion-euro bailout tranche.

The Athens Exchange (ATHEX) benchmark index closed 1.53 percent higher, at 1,107.33 points. The large-cap FTSE-25 index gained 1.37 percent to 357 points, while the banks index, which accounted for 53 percent of turnover, rose 1.40 percent to 148 points.

National Bank advanced 1.28 percent to 2.38 euros, accounting for more than a fifth of total turnover. Piraeus Bank climbed 3.70 percent to 1.40 euros.

Motor Oil outperformed with a rise of 6.81 percent to 7.69 euros, while Hellenic Petroleum rose 1.66 percent to 5.50 euros. Folli Follie surged 5.8 percent to 30.47 euros. Engineering firm METKA gained 2.73 percent to 11.30 euros. Coca-Cola HBC was up 1.55 percent to 16.36 euros and Public Power Corporation rose 1.37 percent to 10.39 euros.

By contrast, betting firm OPAP was 0.39 percent lower at 12 euros.

Turnover thinned to 73.2 million euros.

ekathimerini.com , Wednesday August 13, 2014 (21:21)  
Programs target return of 21,000 jobless to work
Employment in commerce keeps sliding
Eurobank capital increase sends FDI soaring
Banks may get 3-billion-euro safety cushion
Jailed GD MP shown teaching kids how to give the Nazi salute [Video]
With weeks to go before Golden Dawn much-anticipated trial starts, fresh evidence has emerged exposing the partys Nazi roots. Footage released by Kathimerini on Sunday shows GD number two C...
Defendants handed prison terms over Antipnoia stabbings
Two men believed to be members of the neo-Nazi Golden Dawn party were sent to prison on Monday after an Athens court convicted them over the stabbing of a Greek and a Spanish national at the...
Inside News
SOCCER
PAOK joins Olympiakos on top after win at Agrinio
Olympiakos spent just two nights alone on top of the Super League, as on Monday evening PAOK joined the champions on 10 points through its 1-0 victory at Panetolikos. The Thessaloniki giant ...
SOCCER
Reds beat Veria to claim league lead
Olympiakos thumped hitherto Super League leader Veria 3-0 on Saturday to go alone on top of the table for the first time after four rounds of games. Four days after putting three past Atleti...
Inside Sports
COMMENTARY
So near and yet so far
Here we are again, so near and yet so far from the coast, in a balancing act of fear between disaster and blurred normality, yet with serious prospects of recovery. Our partners and creditor...
EDITORIAL
Transfer withdrawal
There appear to be significant changes afoot at Greek universities. Academics interested in managing educational institutions as opposed to exchanging favors with unionists and party folk ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Jailed GD MP shown teaching kids how to give the Nazi salute [Video]
2. Defendants handed prison terms over Antipnoia stabbings
3. Samaras to meet Merkel in Berlin for pivotal talks
4. Commission report highlights Erasmus student exchange benefits
5. PAOK joins Olympiakos on top after win at Agrinio
6. Programs target return of 21,000 jobless to work
more news
Today
This Week
1. Alexander the Great's tomb not at Amphipolis, says Culture Minister
2. Venizelos denies jihadis are being trained in Greece
3. Euro touches 14-month low before Draghi testimony
4. Civil servants' union calls new strike over evaluation
5. Draghi effect subsiding leaves pressure building on ECB chief
6. Investors snap up euro zone banks, exporters in ECB bet
Today
This Week
1. Greece at bottom of social justice scale among EU28
2. Greece can meet its needs on its own
3. Central Athens traffic restrictions back in force on Monday
4. Lost in the fog
5. Record sum of new debts to the state in August
6. Democracy under Pressure | Live Streaming
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.