Tag Archives: ASE

The Athens Stock Exchange (ATHEX) shed €12 billion from its nearly €110 billion market capitalization in just one week, largely impacted by domestic and international political turbulence. According to analysts at OT.gr, the downward trend reflects an aversion to geopolitical risk among investors, despite strong balance sheets from key companies …

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Share prices plummeted 4.38 percent at the opening of trade on the Athens Stock Exchange on Monday, following the sell-off in European and international markets. The market dropped below 1,400 points as fears of a U.S. recession drove European stock markets to a six-month low and Japan’s Nikkei crashed 12.4% …

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The Athens International Airport shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising 14.02% in midday transactions in heavy trading of more than 50 million euros. Tthrough the Hellenic Republic Asset Development Fund (HRADF/TAIPED) the Greek government , sold 90 million shares of …

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Athens International Airport SA on Monday announced plans for the listing of its shares on the Athens Stock Exchange through an initial public offer, which will be the largest IPO in Greece for more than 15 years, making it a significant landmark for the company, the country and the domestic …

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Greek shares dropped over 8% on Monday after a sharp rise in coronavirus cases in neighboring Italy, analysts said. Monday’s session at Athens Stock Exchange concluded with a historic sell off and losses at -8.36%. Turn out was at 181.86 million euros. “The country’s proximity to Italy has clearly triggered …

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The new markets- and business-friendly Greek government could not persuade of the effectiveness of its pre-election promises and the Athens Stock Exchange landed rough on the terrain of the Greek economic realities. In just two days, the General Index recorded losses of -6%. The session on Tuesday closed with -4.28% …

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Markets party, the Athens Stock Exchange soars and the yield of Greek 10-year bond reached a historic low on Monday, just hours after Prime Minister Alexis Tsipras called for snap elections. The Athens Stock Exchange opened with a strong +5%, short before 3 o’ clock the ASE recorded a +6.15% …

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The Bank of Greece has linked the latest developments in the Athens Stock Exchange and the plunge of Greek banks stocks to exogenous factors such as rises in interest rates internationally and in Greece’s neighbouring countries in particular. In a statement issued on Wednesday, the Bank of Greece stressed among …

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Black Monday in Athens Stock Exchange with a massive sell-off. Monday’s session closed with losses 7.98% and the General Index at 464.23 units. .Shares in the banking sector plummet 24.26%. Eurobank -29.20% National Bank -28.06% Piraeus Bank -27.21% Alpha Bank -17.65% source The majority of Greek media blame the political …

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Investors and Traders! Ready! Go! After more 25 days of being ‘unplugged’, Athens Stock Exchange opened at 10:30 a.m. on Monday, in one of the most critical sessions in the history of the ASE. A mini-crash is expected. By 10:35 am, the General Index was down by -22.87%. Starting point …

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Yup. The day is crucial for Greece. Maybe the “most crucial” for the last five years with the sword of “default to the IMF” swinging over our heads. Today, Monday, important meetings are taking place in Brussels, with Prime Minister Alexis Tsipras to meet the heads of the “Institutions” European …

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After three consecutive losses, including horror session of Wednesday with -9.24%,  Athens Stock Exchange recovered on Thursday. Today’s session closed with +3.16% and the General Index at 733 units. More details on ASE wins here and here in Greek. What happened? Traders made friends with leftists of SYRIZA?     …

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It comes as expected. Hardly they were sworn-in, ministers of Greece’s new coalition left-wing/nationalists government SYRIZA-Independent Greeks made a revolutionary step: they announced the halt of  privatizations. Not that privatizations of state assets were been moving in the same speed the Troika has been demanding in the last five years. …

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It looks as if traders do not like neither the new Greek coalition government nor the new cabinet. For second consecutive day, Athens Stock Exchange felt the political pressure with traders trying to get read of their shares. On Tuesday, the losses started already half an hour after the session …

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I suppose Prime Minister Antonis Samaras had a noble cause when he arranged that his speech to the parliamentary group of Nea Dimokratia should be live on television. The plan backfired. The PM mainly and fiercely attacked left-wing SYRIZA “for bringing back Grexit fears”and had stock marketers sell off even …

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Athens Stock Exchange recorded the biggest crash since 1987! In a storm session and a massive sell off  stocks and shares worth more than 212 million euro changed hands and losses reached short before the session closed at -13.04%. Banks losses reached -18.66% (Piraeus), -19.02% (NationalBank) -12.09% (Eurobank) -16.06% (AlphaBank) …

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There is certainly no doubt about it: Greeks have the politicians they deserve. And furthermore these politicians do their best to destroy the country and the economy, they never learn from previous mistakes and they spread fearmongering government propaganda at whatever the cost. Out of the blue and for no …

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Athens Stock Exchange ends up on Wednesday after 5 day recess, as positive vibes from IMF report and Morgan Stanley’s opinion about Greek GGB’s keeps optimism in the domestic market. Last week΄s 25bps cut in the ECB΄s key interest rate prompted Frankfurt΄s DAX index to climb to an all-time high …

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For second consequent day Athens Stock Exchange felt the pressure of uncertainty over Cyprus. While the general index was suffering losses of -5.80% at 2:45 pm on Wednesday noon, it plunged down to -7.20% by 2:50 and ‘recovered’ at -6.20% five minutes later. I really can’t tell if the sell-off of …

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Athens Stock Exchange experiences a bad day hours after the Cyprus bailout deal and the statements of Eurogroup head Jeroen Dijsselbloem that Cyprus rescue plan would be applied also to other eurozone economies. As of 1 o’ clock noon Tuesday,  the General Index is down by 4.10% and below 900 …

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