GEK Terna
ATHEX: Benchmark hits another 9-year high
Friday's narrow trading session at the Greek stock market concluded with some gains for most, at the end of a week of price growth that sent the benchmark to yet another nine-year high at the close. Barring any unforeseeable factors, the short-term trend at Athinon Avenue remains positive, with prices rising in line with the temperatures.
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Joining forces for development of offshore wind farms
Offshore wind farms in Greece are set to advance with expanded business alliances, as the pilot projects off Alexandroupoli in northeastern Greece show.
The Copelouzos and GEK Terna groups are, according to information, joining forces to carry out the required research studies in the maritime zone off Alexandroupoli.
ATHEX: Banks keep benchmark in the red
Profit-taking by investors continued at the Greek stock market on Tuesday, although unlike on Monday the decline of the benchmark was contained toward the end of the session, in spite of the steady drop by bank stocks.
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Grimaldi lands Iraklio port after Igoumenitsa
Italian group Grimaldi, which controls 100% of Minoan Lines, bid 80 million euros for 67% of the Iraklio Port Authority and is acquiring a second Greek port of international interest.
The financial offer of the Italian group values the entire share capital of the largest port of Crete at €120 million.
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ATHEX: Index rises for a sixth day in a row
The strong start to Monday's session at the Greek bourse gave way to some profit-taking initiatives in the afternoon that erased almost all of the benchmark's gains. The main index closed on the day's low, but that humble growth sufficed for yet another nine-year high. This was the sixth consecutive session of gains for the benchmark.
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Iraklio port tender set for another delay
The opening of the binding financial offers for 67% of Iraklio Port Authority had been scheduled for Thursday, but this is no longer expected to happen.
Both contenders have asked to examine the legalization documents of their competitor.
Their new deadline expires early next week, so it is likely that the financial bids will be unsealed at the board meeting next Thursday.
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ATHEX: Banks boost index helped by mid-caps
Unfazed by news of a German recession and a US credit default threat, the Greek stock market reverted to its upward trajectory on remarkable trading volume on Thursday, recapturing the 1,200-point level, with the help of growth in bank stocks. The universally positive first-quarter results of listed companies also contributed to the price growth.
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ATHEX: Benchmark ascends to 9-week high
Bank stocks once again pulled the index of the Greek bourse higher on Tuesday, even though mid-caps and the majority of stocks suffered losses at the end of a session dominated by selective moves by traders. This sixth consecutive day of growth for the market's benchmark took the latter to its highest level since early March.
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ATHEX: Healthy rise for stocks at Athinon Ave
The week at the Greek stock market began in the same way it had closed on Friday, with healthy gains for the majority of stocks driven by the growth registered by banks stocks.
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ATHEX: No fasting for buyers at ATHEX
Athinon Avenue returned to action on Tuesday after a four-day recess and rewarded those anticipating its reopening with a wholesome session of growth that boosted the benchmark by over 1.7% and pushed daily turnover above 100 million euros. However, the main index once again proved not ready to clear the 1,100-point bar.
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