Tag Archives: ASE

Many wonder today, about the Athens Stock Exchange rallying with an amazing +9%. At 04:38 pm local time, that is 45 minutes before today’s session concludes the General Index is at 545,34 points and an increase of +9.16% with upwards tendency. UPDATE: The session closed at 550.10 points with +10.12%. Banking sector …

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Athens Stock Exchange plunged on Tuesday due to the general situation within the euro zone with Spanish banks on the verge of collapse and the political uncertainty in Greece.  Today’s turbulent session concluded with the General Index at 476.36 points recording losses of -5.09% while the banking sector index declined 11.2%. On Tuesday, …

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It looks as if the markets have been anticipated for a pro-bailou party like conservative Nea Dimocratia to head public opinion polls ahead the June 17 elections. Other than this, there is no other explanation as to why Athens Stock Exchange rallied with +6.87% and General Index closed at 518.49 …

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 Athens Stock Exchange had a real bad day today, with the General Index closing at 502.52 points and suffering losses of 4.53%. “Fully … unfortified was the Greek market, in a successive 22-year low, unable at the moment even for a technical reaction. On Thursday, the General Index managed with …

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Athens Stock Exchange opened with losses on Monday morning and things didn’t go better during the day either. then there is no sign of a positive political development like a unity or ecumenical government that would put an end to week long instability and uncertainty. As of 03:06 pm Greek time, …

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It looks as if markets vote for former Finance Minister Evangelos Venizelos in contrast to the Greek people. General Index of Athens Stock Exchange rose on Thursday and banks recorded a +5.26% increase, after strong pressure on three consecutive days, and after the leader of PASOK was appointed by the Greek president to lead exploratory …

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Athens Stock Exchange opened on Monday morning into free fall as voters “punished” the pro-austerity parties and results end in political uncertainty and big difficulties to form a sustainable government with clear economic stance towards Greece’s lenders.  As of 12:05 pm, the General Index is at 644 units and a drop of -6.63 percent. …

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Expectations on a successful Greek bond swap (PSI) are high, just a few hours before the official offer of the Greek state expires on Thursday night (2000GMT/ 8 pm local time). The Greek government seems optimistic. “It is going well, we are optimistic,” a Greek official told Reuters on conditions …

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The Eurogroup meeting is over, Greece is saved. So why does the Athens Stock Exchange experienced bad day? Why did the General Index plunged below the 800 units, and recorded a 3.47% and banks went down -10%? It is because of this International Monetary Fund report claiming that Greece may need …

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It looks as if markets and investors are the only ones satisfied with the passing of the new loan agreement. Athens Stock Exchange skyrockets on Monday morning, and the General Index records a +4.26% at 12:53 pm local time. The beginning of today’s session was even more spectacular with a +5.67%. Maybe …

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Athens Stock Exchange rallies positive on Monday morning, as markets are optimist about the Greek deal, the new loan agreement with the country’s lenders. At 12:48 noon, the General Index records a +3.13% and heads towards 800 units. The General Index of Athens Stock Exchange is heading to 800 units, …

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The month of January finished with a real rally of +6.13% for Athens Stock Exchange. With 796 units, the  General Index almost touched the psychological threshold of 800 units, recording a three-month high. Banks were the winners of the month recording a plus of 83%. Analysts explain the rally with …

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Athens Stock Exchange recorded significant losses on Thursday, with the stocks of the banking sector to be at the heart of liquidations. Particularly the shares of National Bank of Greece retreats in new lows of 1.43 euro and is down 2.53%. At noon, the General Index was down at 649.90 units, …

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 Austerity- and Bailout-Year 2011 was the Annus Horribilis for the Athens Stock Exchange. It suffered annual losses of -52%, while €28 billion vanished in the air. The worth of the trading companies and enterprises went down at 50%. The shares of chemical producer Alapis suffered losses of -99%. Greek Banks …

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The General Index of Athens Exchange moves below 700 points for the first time since April 1993, as concern about the debt crisis in Europe intensifies, reaching a peak after Moody’s warning to France. The rating agency said the deteriorating market climate was a threat to the country΄s credit outlook, …

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Athens Stock Exchange recorded new lows on Wednesday, with the General Index at -2.41% and big losses for the banks and the FTSE20. Having gone down to 717.93 points, the ASE is especially vulnerable to the financial crisis within the euro zone. To this one should add the ‘haircut’ of Greek bonds talks in …

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The Athens Stock Exchange suffered heavy losses of -6.92% in the aftermath of the referendum announcement on the loan-agreement on Monday evening by PM George Papandreou. The General Index closed qt 782.65 unit and the total volume was 75.72 million euro. Stocks on the banking sector suffered the heaviest losses …

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Athens Stock Exchange started with a free fall on Monday morning, just hours after the European leaders agreed on a haircut of 50% to 60% of the Greek debt. At 11:28 am, the General Index suffers losses of -4.60%, while half an hours earlier it recorded losses even of -5%. …

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Greece’s lenders representatives in Athens, also known as the “Troika”, released their report on fiscal progress and gave the green light for the 8 billion EUR. The sixth bailout tranche would be released to Greece most likely in early November, after the Eurogroup & IMF approval of the progress report. Finance Minister …

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A hurricane hit the Athens Stock Exchange sweeping away stocks of companies and banks. The General Index closed at – 6.28% and 730.33 untis. Banks lost -8.6% where some suffered even two-digit losses.  The concern about the postponement of the Eurogroup meeting and the delay of the 6th tranche layed heavier than …

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