Ellaktor

In the first half of 2025, the building permit for the development of the Cambas Project by REDS, of the Ellaktor Group, is expected to be issued.

One of the largest business parks in Greece is planned for the location, on the outskirts of Athens, utilizing an area of ​​315,000 square meters.

Greek stocks had a mixed session on Monday, with banks showing a rather contained reaction to the government measures expected to cost them over 300 million euros, according to estimates. The benchmark lost some ground, but mid-caps saw their index advance, with rising stocks narrowly outnumbered by decliners.

After the credit rating upgrade for Greece by Scope Ratings and the favorable reports on Greek bank stock prices, the local bourse extended its rising streak to six sessions on Monday. In this period the main index has risen by over 5% to highs unseen since late September. Capital Link's Greek stocks roadshow in New York, which kicked off on Monday, could also boost prices further.

The momentum from the ceasefire in Lebanon appeared to end on Wednesday, and the benchmark of the Greek stock market succumbed to its first losses after five consecutive days of growth during which it had grown by over 3%. Banks were at the center of the profit-taking process.

The lowest turnover of the last 11 weeks did not stop the benchmark of the Greek stock market from recording another day of growth, albeit small, on Tuesday, making it five in a row. It has now put clear blue water between itself and the 1,400-point psychological milestone.

Greek stocks remained on an upward course on Monday, with the benchmark continuing its ascent for a fourth day in a row while the index rebalancing triggered a considerable increase in turnover during the closing auctions. The week therefore appears front-heavy, given the slow trade expected on Thursday and Friday due to Thanksgiving in the US.

Greetings, the day after a significant political event, such as the expulsion of a prominent political figure from their party, is always “a cold day” for everyone who thinks a little more than just about…social media. After all, Mitsotakis himself has always been a moderate politician who thinks quite thoroughly and methodically about his moves and decisions.

Banks were the star stocks in Friday's bourse session at Athinon Avenue, taking the benchmark higher to add to its weekly gains, though the majority of stocks finished lower on the day.

The rising sequence of five sessions came to an end for the benchmark of the Greek bourse on Thursday, though only by the smallest of margins. There were conflicting trends in the session, switching the course of the main index from positive to negative and back several times.

Stocks on the Greek bourse enjoyed a rare respite on Tuesday after the pressure of the previous days, regaining some of the ground lost on the day of the US presidential election, with the benchmark all but recapturing the 1,400-point level, on significantly improved turnover too.