Wednesday June 3, 2015 Search
Weather | Athens
14o C
09o C
Survival Guide
Greek Edition
Bank decline inflicts greater losses on local bourse index

Bank stocks continued to slide on Tuesday, dragging the rest of the local bourse down with them, as their index has now seen all of the gains registered since the start of the year wiped out. Whether the benchmark manages to post a positive or negative result for the first half of 2014 now hinges on this week’s remaining sessions.

The Athens Exchange (ATHEX) general index closed at 1,243.72 points, dropping 2.10 percent from Monday’s 1,270.38 points. The blue chip FTSE/ATHEX 25 contracted by 2.26 percent to close at 401.55 points.

All but one blue chip headed south. Folli Follie fell 7.46 percent, Alpha Bank gave up 4.79 percent, Metka lost 3.90 percent and Terna Energy shrank 3.18 percent. Ellaktor was the only non-mover.

In total 41 stocks went up, 83 took losses and 21 remained unchanged.

Turnover amounted to 121.1 million euros, up from Monday’s 103.4 million. , Tuesday June 24, 2014 (20:32)  
US stocks rise as Hollande sees Greek deal near
ECB calls on Greece to agree a strong, sustainable debt pact
Italy´s Padoan confident of Greek deal, says must be soon
Greek stocks lead Europe higher as investors look to bailout talks
Schaeuble says Greek proposals ´confirm´ his pessimism on quick deal
Germany's finance minister said Wednesday that a Greek reform proposal in talks with creditors to prevent a debt default initially confirmed his pessimism on the chance of a speedy accord. W...
Ammonium nitrate cache under surveillance, Cyprus official says
Cyprus' justice minister says a home where police seized five tons of a chemical compound that can be turned into an explosive had been kept under surveillance for some time before officers ...
Inside News
Panathinaikos snaps up Ghana midfielder Essien
Experienced Ghana midfielder Michael Essien joined Panathinaikos on a two-year contract as a free agent on Tuesday at the end of an 18-month deal with AC Milan. "I am very happy to be here a...
Unstoppable Panathinaikos makes Champions League
Panathinaikos will be Greece’s representative in the qualifiers of next season’s Champions League after beating PAOK with a 2-0 score on Sunday to clinch the top spot in the Super League pla...
Inside Sports
Shooting ourselves in the foot
I wonder if Prime Minister Alexis Tsipras and his close aides have ever seriously questioned their strategy vis-a-vis international leaders and officials. Tsipras may be enjoying sky-high po...
The spoils of power
This past Monday proved to be a crucial, if not landmark, day for the country’s future as the eurozone’s mighty powers met to discuss the Greek crisis. At the same time, a meeting was also t...
Inside Comment
1. US stocks rise as Hollande sees Greek deal near
2. Schaeuble says Greek proposals ´confirm´ his pessimism on quick deal
3. Ammonium nitrate cache under surveillance, Cyprus official says
4. Hollande: Greek deal could be as close as ´a few hours´ away
5. Greek court orders conditional release of former Cypriot minister
6. ECB calls on Greece to agree a strong, sustainable debt pact
more news
This Week
1. Greek Embassy in Berlin ‘headless’ due to politics
2. Schaeuble accuses SYRIZA of misleading voters
3. Tsipras heads to Brussels to hear final offer from creditors
4. Tsipras to meet Juncker in Brussels for talks on agreement
5. Greece will not pay IMF without prospect of a deal, says SYRIZA MP
6. ECB to press case for steady QE, may urge Greece to accept deal
This Week
1. Endless confusion and worry
2. Some 300 mln left banks on Tuesday
3. Romantic notions meet reality
4. Target of Greek scorn shapes nation’s fate as IMF’s storm-chaser
5. Only Greece can end its miserable 'Groundhog Day'
6. G-7 weighs in on Greece as Tsipras government told to be serious
   Find us ...
  ... on
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.