Alpha TV

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ALPHA SATELLITE TELEVISION S.A.

Traders wary of Motor Oil expansion

Investors appear wary of the expansion of listed group Motor Oil into the domain of the media. The company's stock, one of the most reliable and stable securities on the Greek stock market, started sliding on the day after the announcement of the acquisition of a 50 percent stake in broadcaster Alpha TV, shedding almost 20 percent of its value in just two days.

ATHEX: Motor Oil moves prompt benchmark slump

The sharp decline of Motor Oil stock and renewed selling of bank stocks led the Athens Exchange (ATHEX) benchmark to a new 20-month low on Thursday as it registered its biggest daily decline in 13 months.

The ATHEX general index ended at 619.32 points, shedding 3.25 percent from Wednesday's 640.15 points. The large-cap FTSE-25 index contracted 2.96 percent to 1,633.79 points.

Sexy Konstantina Spyropoulou in summery mini dress (photo)

Beautiful TV hostess and model Konstantina Spyropoulou slipped into a sexy mini dress and posted a picture for her Instagram followers. The blonde TV hostess of Alpha TV’s “Spiti mou Spitaki mou” wore a colourful striped one piece just above her knee and she raked up quite a few positive comments on her social media profile.

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