Morgan Stanley

OpenCalais Metadata: Ticker

MS

Investors note momentum in Greek economy

The investment community recognizes the momentum of the Greek economy, sees the Greek stock market as a stable pillar of growth and gives a vote of confidence to Greek listed companies, according to the managing director of the Athens Stock Exchange group, Yianos Kontopoulos, in an interview with Kathimerini, as he returned from London.

ASE fails to hold on to early gains

The stock market could not hold on to early gains Wednesday after deteriorating Purchase Managers' Index (PMI) numbers soured the mood in European markets.

The general index closed at 1,293.73 points, down 0.52%, on a low turnover of €71.7 million. Blue chips dropped 0.61%, mid-caps 0.31% and banks 0.15%

Stocks gain slightly, but banks drop

The Athens Stock Exchange posted mild gains on low turnover Wednesday, but underperformed European markets, which bounced bank after the Italian government watered down a plan for a windfall tax on banks.

The ASE general index closed at 1,317.18 points, up 0.46%, on turnover of €65.65 million. Blue chips gained 0.38% and mid-caps 0.15%, while banks declined 0.26%.

Pages