Athens Stock Exchange

The seventh consecutive session of gains for the benchmark of the Greek stock market on Friday confirmed the positive momentum as it was in the latter half of the day that buyers made their presence felt, boosting banks by another 4.75 percent.

ATHEX-listed Grivalia Properties Real estate Investment Company on Thursday announced the acquisition of two stand-alone retail assets in Athens and Glyfada, worth 22.6 million euros in total.

[Reuters]

The closing auctions buoyed the Greek bourse benchmark out of the red on Thursday, with turnover reaching heights unseen since late September, at 92 million euros.

The Athens Exchange (ATHEX) general index ended at 740.20 points, adding 0.26 percent to Wednesday's 738.31 points.

On a monthly basis it lost 2.52 percent.

The launch of online auctions gave the banks index, and the local stock market in general, a fresh boost on Wednesday on considerably improved turnover that mirrored aspirations for a swift conclusion to the third bailout review and the strengthening of banks' financial reports.

Investors gave a thumbs-up on Tuesday to news that notaries had ended their boycott of property auctions, as Greek bank stocks jumped 4.25 percent at Athinon Avenue. However, the rest of the market didn't see much of a knock-on effect.

Turnover at the Greek bourse remained disappointingly low and stocks continued to display a lack of direction on Monday as the week began with another mixed session. The benchmark only managed to avoid posting a drop on the day in the closing auctions, but losing stocks outnumbered the gainers.

Mid-caps pushed the benchmark higher at the end of the week on what was a day of mixed fortunes for blue chips. Judging from the low turnover, many foreign investors decided to take the day after Thanksgiving off too.

The Athens Exchange (ATHEX) general index ended at 723.18 points, adding 0.36 percent to Thursday's 720.56 points. On a weekly basis it grew 1.14 percent.

The Thanksgiving holiday in the US saw turnover on the Greek bourse drop to its lowest point since August on Thursday, with stocks presenting a mixed picture at the end of the session.

The Athens Exchange (ATHEX) general index ended at 720.56 points, adding 0.06 percent to Wednesday's 720.13 points.

A very volatile session at the Greek bourse on Wednesday ended with mixed results, with banks sliding 2.71 percent while the majority of stocks posted gains as mid- and small-caps remained on the rising course set on Tuesday.

Most Greek stocks registered gains at the end of Tuesday's trading session, helped by the expected leniency of the European Central Bank on future provisions of eurozone lenders and the apparent agreement between Athens and Brussels on the sale of lignite-powered units that saw PPC's stock climb 5 percent and ADMIE Holdings grow 5.75 percent.