Stocks at the Athens Stock Exchange (ASE) ended slightly lower on Thursday in what traders termed a “rectification” of the market following a week-long rally, which pushed the general index up by 4.99 percent.
The general index eased 0.31 percent to close at 867.51 points. The Large Cap index ended 0.59 percent down and the Mid Cap index eased 0.28 percent. Turnover was a low to moderate 56.55 million euros in volume of 28,839,069 shares.
Ellaktor (1.68 percent), Piraeus Bank (1.46 percent) and Motor Oil (1.35 percent) scored big gains among blue chip stocks, while National Bank (-3.75 percent), Athens Water (-2.92 percent) and Hellenic Petroleum (-1.52 percent) suffered heavy losses.
In terms of market sectors, Food (1.32 percent) and Health (0.64 percent) were up, while Commerce (-1.15 percent) fell.
Alpha Bank and Eurobank were the most heavily traded shares of the day. Broadly, decliners led advancers by 61 to 51, with another 25 issues unchanged. Xylemporia (29.91 percent) and Sato (18.18 percent) were top gainers, while AAA (-15.38 percent) and Vioter (-9.09 percent) were biggest losers.
Latest News
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.