Buyers come from behind to beat sellers at end of trade
A sudden upswing in the price of most stocks after 2 p.m. on Tuesday saw the benchmark index of the Greek bourse reverse its early losses and secure respectable gains for traders who had chosen to position themselves in the market during the morning.
The Athens Exchange (ATHEX) general index ended at 755.98 points, up 2.86 percent on Monday’s 734.99 points. The blue chip FTSE/ATHEX 20 index expanded by 3.96 percent to close at 282.21 points.
Banks led the way among the blue chips, with Bank of Cyprus adding 13.75 percent and Eurobank Ergasias climbing 13.48 percent. Coca-Cola HBC declined by 2.84 percent.
In total, 93 stocks secured gains, 47 suffered losses and 18 remained unchanged.
Turnover came to 76.1 million euros, compared to Monday’s 47.2 million.
A Thessaloniki court on Wednesday acquitted Yiannis Pantis, vice rector of the Aristotle University of Thessaloniki, northern Greece, over charges of breath of faith.
Pantis was accused of a...
Golden Dawn MP Ilias Panagiotaros has told Australian television that the far-right party would like to resemble the Lebanon-based Islamic militant group.
Speaking to the SBS Dateline progra...
Germany's Bjoern Otto recorded the world's leading performance in the men's pole vault at the Athens Street Pole Vault event that took place at Zappio, in central Athens, on Saturday afterno...
PAS Giannina upset PAOK at Thessaloniki on Sunday to take the lead at the Super League play-offs, while Asteras Tripolis rebounded from its loss at Ioannina in midweek to defeat Atromitos at...
One of the biggest problems dragging the Greek economy down is the pressure placed on entrepreneurs aspiring to do business in sectors dominated by the “pirates” and “pimps” of the business ...
Greek taxpayers have had to pay dozens of millions of euros for the restoration and conservation of the capital’s landmark buildings, including Athens Polytechnic and the so-called neoclassi...
