GEK Terna

Bank stocks post huge losses in Q1

With the omens from the negotiations in Brussels being far from positive on Tuesday, the benchmark of the Greek stock market ended the month of March with losses of 11.93 percent, while banks declined by 24.69 percent. The banks index lost 41.53 percent in the first quarter of the year.

Greek stocks head south on cash flow fears

The Greek stock market fell for a third day in a row on Friday as concerns about the state?s cash flow rose due to statements by ministers.

The Athens Exchange (ATHEX) general index closed at 880.48 points, shedding 2.67 percent from Thursday?s 904.59 points. On a weekly basis the benchmark added 3.08 percent, but February posted a 21.96 percent rise.

Stocks give up 3.9 pct as snap elections loom

The stock market regained its composure somewhat after Parliament’s widely anticipated failure to elect a new president and Prime Minister Antonis Samaras’s announcement of general elections next month, as losses of up to 11 percent in afternoon trade were reduced to less than 4 percent by the end of the first session after Christmas.

Local stocks lose 1.69 pct before holiday shutdown

The Greek bourse reacted calmly on Tuesday to the result of the presidential vote in Parliament, which while seeing a rise in support for the government’s candidate was still some way off the result required in next Monday’s third and final vote. The majority of stocks posted small losses on a day of poor turnover ahead of the Christmas recess.

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