Mytilineos

Tuesday's session at Athinon Avenue was a one-stock show as it was the first day of trading for Alpha Bank after the major proposal tabled by UniCredit for the Greek lender's stake that bank bailout fund HFSF holds, and the merger of the Italian bank's operations in Romania with those of Alpha. As a result Alpha jumped 12.44%, while most other local stocks registered gains too.

Mytilineos Energy & Metals on Tuesday announced the signing of an agreement with the French company Imerys for the acquisition of 100% of the shares of Imerys Bauxites Greece Single Member Societe Anonyme for 10 million euros. The agreement concerns all bauxite mining activities in the Fokida area, which will now be part of Mytilineos' metallurgy branch.

Greek stocks dropped slightly Wednesday after four sessions with cumulative gains of 1.90%. The general index closed at 1,316.94 points, a drop of 0.11%, although it was up 0.30% at one point.

Turnover was €95.54 million with 24,001,624 shares changing hands. Of the 120 shares traded, 43 rose, 61 declined and 16 ended unchanged.

Blue chips slipped 0.12% and mid-caps 0.37%.

Greek stocks posted slight gains Tuesday but ended below 1,320 points after failing to hold on to early gains.

The ASE general index closed at 1,318.34 points, up 0.16%, having risen as high as 1,324.85 (0.65%) intrasession. Blue chips gained 0.29% and mid-caps 0.18%. Turnover was €90.81 million.

The Athens Stock Exchange once again posted very slight gains, but at least the general index reversed four weeks of losses, posting a nearly 3% rise for the week.

The main index gained 0.30% Friday, closing at 1,299.76 points. Turnover was quite low, at €59.6 million. Blue chips gained 0.21% and small-caps 0.43%, while banks lost 0.98%.

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%

The Athens Stock Exchange posted minimal gains, with the positive news of the upgrading of Greece's debt by Scope Ratings balanced by the negative climate in other European markets.

The ASE general index ended 0.09% higher at 1,320.65 points, trading narrowly throughout the session. Turnover was €79 million.

The Athens Stock Exchange bucked the negative trend observed on European markets Thursday, gaining 0.65% thanks to buying in banks and other blue chips.

The headline index ended at 1,314.31 points on turnover of 87.8 million euros, which was significantly lower than in previous sessions. Blue chips rose 0.69%, mid-caps added 0.44% and banks gained 1.20%. 

The Athens Stock Exchange proved unable to hang on to early gains recorded on Tuesday. The ASE general index, which got close to its highest levels since 2014, ended down 0.84%, closing at 1,324.28 points.

Negative trends in other European stockmarkets finally were felt in Athens.

Blue chips lost 0.91% and mid-caps dropped 1.35%. Banks lost 0.78%.

Helleniq Energy Holdings on Monday announced it has reached a binding agreement to buy a portfolio of solar power projects, with total power of 211 megawatts, from Mytilineos Energy & Metals through its subsidiary Helleniq Renewables for an undisclosed sum.