Tag Archives: Athens Stock Exchange

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 …

Read More »

The Athens Stock Exchange (ASE) stands at the top of the world stock market performance charts for 2019, gaining 43.91 pct in a sustained rebound between January and October that has helped the market recoup many of the losses incurred in the previous five years, analysts reported on Sunday. This …

Read More »

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% …

Read More »

Athens Stock Exchange experienced another black day with its General Index to close at 626.17 and loses at -2.43 percent and turnover at 57.89 million euros. Sellers went beyond the banking sector incl all stocks of FTSE25. The losses were recorded despite the upgrade of the Greek banks and the …

Read More »

The Hellenic Capital Market Commission will investigate transactions in Athens Stock Exchange that led to significant loses on bank shares on Wednesday. The commission that announced the investigation on Thursday said it will focus on possible “short-selling manipulation.” Speaking to Athens news agency radio, President of HCMC Charalampos Gotsis said …

Read More »

The Athens Stock Exchange is currently under pressure, as banking stocks are under a strong sell off, with Piraeus Bank to be even moving within the limit down, Greek media report short after 12 o’ clock noon on Wednesday. In particular, the General Index recorded losses of 3.45% at 657.66 …

Read More »

An Athens Appellate Court Prosecutor has found 36 people guilty for the infamous “Athens Stock Exchange Crash of 1999” that caused thousands of small investors to have lost their life savings. It has taken 18 years for an Athens Appellate Court Prosecutor, Athina Theodoropoulou, to find guilty 36 individuals implicated …

Read More »

For one more day, Greek banks suffered losses in Athens Stock Exchange over fears the European Central Bank may bring forward Greek bank stress test next year. By closing of  the ASE session on Sept 26/2017,  losses and wins of the four Greek systemic banks were: Alfa Bank -8.52% National …

Read More »

“Growth in 2017 is a fact, not wishful thinking,” Economy and Development minister Dimitris Papadimitriou said on Wednesday. The year 2017 will be time for real growth in Greece the minister said and assured that there are no new measures to burden the people “from now until 2018”, while in …

Read More »

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 …

Read More »

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 …

Read More »

Short after  3 pm on Friday, the Bank of Greece and the Hellenic Capital Market Commission sent their recommendations for the reopening of the Athens stock Exchange to the Finance ministry. Euclid Tsakalotos is expected to sign today the relevant decree so that investors in Greece and abroad are analytically …

Read More »

The European Central Bank gave the green light for the Athens Stock Exchange to reopen after one-month shutdown. According to Greek and foreign media, the ASE will open with temporary trading restrictions for local investors, while foreign investors will trade freely and will not envisage restrictions of capital controls (capital …

Read More »

The bailout standoff between Greece and its creditors has reached an unprecedented escalation with the default clock ticking. Two weeks before the key €1.5-billion payment to the IMF on June 30th that threatens Athens with a “credit event”, the two sides do not seem able to reach an agreement that …

Read More »

Greece will never be able to satisfy its neurotic creditors. Hardly had the government submitted to Brussels a revised budget plan, and the usual “anonymous sources” seem to reject it. “Two international officials with direct knowledge of the discussions” told Bloomberg that: “The document covered only fiscal targets, one of …

Read More »

Greek Prime Minister Alexis Tsipras and Russian President Vladimir Putin had a telephone conservation Friday noon. The two leader reportedly talked about the Greek participation in the BRICS Development Bank and the Turkish Stream, a joint natural gas pipeline between Russia and Turkey. According to Greek government sources and Russian …

Read More »

The crucial meeting between Greek Finance Minister Yanis Varoufakis with his German counterpart Wolfgang Schaeuble started at ten minutes ago in Berlin. The meeting takes place in the shadow of European Central Bank decision Wednesday night to stop accepting Greek bonds as collateral for granting liguidity. The ECB decision prompted …

Read More »

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?     …

Read More »

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. …

Read More »

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 …

Read More »