Stock market

March proved to be the first month of decline - albeit marginal - after four months of growth for the benchmark of the Greek stock market, which dropped just 0.17% from end-February. In the last session of the local bourse ahead of the four-day recess, most stocks posted gains despite the decline of the banks index.

Hoteliers along Bulgaria's Southern Black Sea coast are anticipating a notable increase in tourist numbers, with early bookings already showing promising growth. Both domestic travelers and visitors from key international markets such as Germany, England, Austria, and Poland are contributing to this surge in reservations.

Analysts predict that gold prices will hit new highs in the second half of the year

The placements of Greek listed companies have proven a goldmine for investors, who enjoy profits of over 30% in a very short period of time.

The Greek bourse may have seen a decline in daily turnover on Monday, owing to the US holiday that kept the New York stock market closed, but most stocks posted significant gains, leading the benchmark to a new 13-year high. Growth was evenly spread across the market, confirming that investors, especially from abroad, are seeking out opportunities in the lower capitalizations too.

The premiere of Athens International Airport on the Athens Stock Exchange on Wednesday came with a rise that was approximately at 15%, as the new share closed its first trading at 9.40 euros, with the company that manages the airport showing capitalization of €2.8 billion.

The initial public offering addressed to the Greek market for the 30% stake in Athens International Airport, controlled by state asset utilization fund TAIPED, starts on Thursday and will be completed on February 1

The GEK Terna group added liquidity of 79.2 million euros to its arsenal ahead of the large investments it is expected to implement in the coming years.

Greece's investment grade recovery, expected to reduce borrowing costs for businesses while opening the door to a larger investor audience, combined with the start of the ECB's rate-cutting cycle, is accelerating activity for listed companies, supporting new issues of corporate bonds and fresh listings on the Athens Stock Exchange.

A draft law marking the completion of the necessary institutional prerequisites so that Athens International Airport (AIA) shares can be traded on the Athens Stock Exchange was tabled in Parliament on Friday.