Saturday May 23, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Small correction after two days of strong stock gains

Stocks in the local bourse staged a predictable correction on Thursday as investors chose to cash in on their gains after two days of major growth.

The Athens Exchange (ATHEX) general index closed at 1,293.97 points, shedding 0.72 percent from Wednesday’s 1,303.35 points. The large-cap FTSE/ATHEX 25 contracted by 0.70 percent to 418.76 points, while the mid-cap index expanded by 0.24 percent.

OPAP gaming company stood out among blue chips growing by 5.56 percent, followed by Hellenic Exchanges that added 3.14 percent.

Titan Cement fell 3.81 percent and Piraeus Bank declined by 3.03 percent.

In total, 63 stocks reported gains, 77 sustained losses and 20 stayed put.

Turnover amounted to 105.1 million euros, down from Wednesday’s 130.9 million. It may go further down on Friday, the last day before a long weekend which traditionally drives trading volume to lower levels, despite the prospect of the MSCI index rebalancing to take place after Friday’s session.

ekathimerini.com , Thursday February 27, 2014 (19:11)  
Hotel contracts with a ‘Greek default clause’
Listed firms have whisked away most of their cash reserves
Car sales drop a gear on VAT rate uncertainty
Bulk of loan requests comes from food service
Tsipras faces down radicals within SYRIZA over terms of deal
After a busy week of talks with European leaders aimed at securing support for a deal for Greece, Prime Minister Alexis Tsipras faces challenges on the home front amid tensions with SYRIZA o...
Police on standby after Roma dispute leaves one dead
Police in the western Athens district of Egaleo were on standby Saturday after a dispute between two Roma families left one person dead, another injured and two properties seriously damaged....
Inside News
SOCCER
Greece escapes soccer suspension, FIFA happy with changes
FIFA says it is satisfied with changes made to sporting law in Greece, and has dropped a threat to suspend the country from international competition. In a letter to the government dated May...
SOCCER
Four-goal Panathinaikos thrashes Asteras away
Panathinaikos thrashed Asteras at Tripoli to gain an early advantage in the race for a spot in next season’s Champions League qualifiers, as the Super League play-offs got under way on Wedne...
Inside Sports
ANALYSIS
Neither Grexit nor a dual currency will solve Greece’s problems
A Grexit or the introduction of a dual currency is not a solution to Greece’s problems. On the contrary, it would be a worst-case scenario for Greece in the short term. Only in the medium to...
COMMENTARY
First aid for the capital
The fact that the center of Athens exudes the stench of human waste is an undeniable truth, just like the fact that in late spring, one nostril smells blossoming bitter lemon trees while the...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Tsipras faces down radicals within SYRIZA over terms of deal
2. Police on standby after Roma dispute leaves one dead
3. Dog attacks seven people in Thessaloniki, including 13-year-old boy
4. Two children aged 4 removed from Roma camp after DNA tests
5. Ten suspects arrested over 2011 abduction
6. Eleven kilograms of heroin stopped from reaching Italy
more news
Today
This Week
1. Hotel contracts with a ‘Greek default clause’
2. Listed firms have whisked away most of their cash reserves
3. Neither Grexit nor a dual currency will solve Greece’s problems
4. First aid for the capital
5. Response to May 15 comment
6. New civil service assessment scheme focuses on rewards instead of punishment
Today
This Week
1. The Greek-German breakthrough that didn’t come
2. Conspiracy madness
3. Greece came close to not paying IMF
4. National self-awareness put to the test
5. Albanian demarche raises concerns about possible territorial claims over Greece
6. Greek endgame nears for Tsipras as bank collateral hits buffers
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.