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Tag Archives: ASE

11:35 pm Athens Stock Exchange on Free Fall

Athens Stock Exchange is in free fall today, reacting negative to the Eurogroup decision to postpone the sixth bailout tranche, amounting 8 billion euro. Other factors influencing negative are the draft budget for 2012, the forecats for the  deficit for 2011, the negative outlook for the state deficit and the increasing debt. …

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Moody’s Greek Banks Downgrade Sends ASE in Red

Moody΄s Investors Service downgraded the long-term deposit and senior debt ratings of eight Greek banks by two notches. National Bank of Greece, EFG Eurobank Ergasias, Alpha Bank, Piraeus Bank, ATEbank and Attica Bank downgraded to Caa2 from B3, while Emporiki Bank and Geniki Bank downgraded to B3 from B1. All of …

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Athens Stock Exchange hits records

Athens Stocks and Greek banks soar on Monday, hitting records in gains in the wake of the resolutions of the Eurpean Summit in Brussels, last Friday and Saturday. (13:48 local time) Across the board, the General Index is at 1659.39 units, up 5.02% in a turnover of EUR 154,53 million. …

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(UPD) Athens Stock Exchange plunges a day after Moody’s downgrade

Athens Stock Market suffered the heaviest losses since the beginning of the year and plunged at -3.81% and banks down at 6,26% in the shadow of Moody’s downgrade. Athens Stock Exchange is on a falling course and banks experience massive liquidation a day after rating agency Moody’s downgraded Greece’s credit …

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Greek Stock Exchange: "Black Monday"

Shares at the Athens Stock Exchange are traded at the lowest level since 1998! The Index is  down, at 1403,92 units as investors went into a massive sell off. General Index closed at 1.403,92 units losing -5.45% Significants losses for the Banks, – 5.64% Black Friday 04/06 and  Black Monday 07/06 …

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