Index

After eight consecutive sessions of growth the benchmark of the Greek stock market finally yielded some ground on Thursday, though its losses appear too insignificant to deduce any conclusions about an end to the upward momentum at Athinon Avenue.

The Greek bourse continued on its up ward trajectory on Wednesday, breaking yet another nine-year record through the support of mid-caps and non-banking blue chips. Athinon Avenue was on the same page as most eurozone bourses, which followed Tuesday's Wall Street rally. This was the eighth consecutive session of gains for the main index, which is now eyeing the 1,300-point milestone.

The fresh decline of US inflation helped the Greek stock market reverse its midsession losses and close Tuesday with some gains for more stocks, though the market appears to be suffering from growth fatigue at this stage. After all, this was the seventh day of benchmark expansion 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.

Greek stocks contained their growth on Friday, giving up most of their mid-session growth, but the benchmark still ended higher.

A rollercoaster session at Athinon Avenue on Thursday saw constant shifts from black to red and back, before the benchmark of the market heeded the course of mid-caps to close with gains for yet another day, despite the decline of the banks index. That means the main index has registered yet another nine-year high, with turnover remaining at a particularly satisfactory level.

The upward trajectory of the Greek stock market continued for another day on Wednesday, with the increased turnover being the main feature of this fresh session of growth that led the benchmark to yet another nine-year high. The 2% advance of the banks index leaves no doubt about the day's protagonist, with Alpha leading the way up thanks to its favorable corporate results.

Investors unleashed a buying spree at the Greek stock market on Tuesday, after the three-day weekend, with the price growth gathering momentum as the session went along.

Traders reverted to profit-taking at the Greek bourse on Thursday, following morning gains, with refineries and industrial companies being at the focus of sellers this time instead of banks, whose index has been in decline all week. Most of the losses were recorded in the closing auctions, with the benchmark ending the session at the day's low.

Amid international concern about the manufacturing index (PMI) in China, which points to a notable slowdown, stock markets in Europe showed their concern on Wednesday with prices sliding in their majority.