Eurobank

Returning to positive territory for the Greek stock market, after yesterday’s “brake” on the 5-day rise that preceded it. Traders are “weighing” the Q3 and 9-month financial performance of systemic banks, as well as subsequent management statements on upgraded annual guidance, increased dividends and faster deferred tax (DTC) amortization.

Eurobank, Greece's largest lender by market value, on Thursday reported higher profit for the first nine months of the year, driven by higher net interest and net fee and commission incomes.

Reported net earnings came in at 1.14 billion euros in the January-to-September period, up 15.8% from the €980 million it reported last year.

The rising sequence of five sessions came to an end for the benchmark of the Greek bourse on Thursday, though only by the smallest of margins. There were conflicting trends in the session, switching the course of the main index from positive to negative and back several times.

Stocks on the Greek bourse enjoyed a rare respite on Tuesday after the pressure of the previous days, regaining some of the ground lost on the day of the US presidential election, with the benchmark all but recapturing the 1,400-point level, on significantly improved turnover too.

Athinon Avenue was unable to find a clear direction on Monday, and the week's first session ended with the benchmark virtually unchanged. Shrinking turnover revealed that most traders are holding their fire to see the results of the US presidential election and the two-day meeting of the Fed, both of them this week.

Hello, let’s start with the unpleasant news. For those of you who thought that by attending the inauguration of the Thessaloniki Metro you would hear some culture from Dionysis Savvopoulos and maybe a few tunes from Antonakis Remos, you were mistaken.

Coming off a near-three-month low on Wednesday, the Greek bourse tried to stage a reaction to its price decline on Thursday, but the effort appeared only half-hearted.

Sellers returned with a vengeance on Wednesday at the Greek stock market, following Tuesday's recovery of prices. Stocks took a tumbling, led by banks, in line with most other eurozone bourses that also suffer sudden losses on the day.

Hello, now we knew it, we wrote about it, but who believed us? Stefanos is still here, but it’s like he’s not here at all; poor guy got swallowed up by vested interests. Even the last “pillars” of Democracy—Liagas and Kainourgiou, who supported him—have started to…waver, kind of erased him.

After an entire week of decline, stocks at the Greek bourse showed a significant rebound on Tuesday, not only in prices but also in transaction volume. The recovery of prices was to be expected but the market appeared to be losing steam toward the end of the session, with the benchmark managing to clear the 1,400-point bar but closing near the day's lows.