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Athens Stock Exchange

Athens' Stock Exchange Temporarily Suspends Trading for 3 Greek Banks

Athens’ Stock Exchange announced on Wednesday it will temporarily suspend trading of the stocks of three systemic banks – Alpha Bank, Eurobank and Piraeus Bank – from November 27, in order to complete the shares' reverse split. According to the...

ASE President: There is Still Opportunity in Greek Stock Market

"There are always investment opportunities even in difficult times," the president of the Athens Stock Exchange (ASE) Socrates Lazaridis said in a statement to Bloomberg within the framework of the investment roadshow held in London. The President of ASE...

Greek Stocks Plummet Over 10% on Monday

Greek stocks nosedived 10.54% on Monday, with investors spooked by the losses in global markets, the slowdown in China and growing uncertainty over Greece's snap elections. The composite index sunk below 600 points to its lowest level since June...

Greek Stocks End Lower on Third Day of Bourse Reopening

After the third day of reopening of the Athens Stock Exchange, bank shares took another dramatic dive reaching a cumulative 63.81 percent loss. The banking index lost 27 percent at closing on Wednesday, dragging all Greek stocks down. The market...

New Democracy Spokesman Says Cost of Bank Recapitalization has Greatly Increased

The plunge of the Greek banking stocks at the Athens stock exchange combined with the recent closure of the country's lenders, as well as the imposition of capital constraints has greatly increased the cost of the recapitalization of the...

Athens Stock Exchange Maintains 28-Year Low Closing at -1.22%

The Athens Stock Exchange maintained Monday's 28-year low closing at -1.22 percent and 659.94 units on Tuesday, after a low of 635.06. The bourse re-opened on Monday after a five-week hiatus due to the imposition of capital controls by the...

Greek Markets Down Again

Greek stocks were down 4.5% in early trade today, dragged down by another near 30% plunge in banking stocks, a day after sustaining record losses when the bourse opened following a five-week shut down. The main Athens index lost 16.2%...

Greek Companies Lose 85% of Their Value Since 2007

A lot has changed between 2007 and 2015. One of the major changes in the economic sector was the average price of Greek companies, which changed a lot in just a matter of eight years. The Independent noted a dramatic...

Greek Stock Exchange Crashes at 28-Year Low, Closing at -16.23%

The Athens Stock Exchange crashed at a 28-year low, closing at -16.23 percent on Monday. The Greek stock market had been closed for five weeks, after the Greek government imposed capital controls on June 28. But the re-opening of the...

Athens Stock Exchange Drops After 5-Week Shutdown

The Athens Stock Exchange (ASE) dropped by 23% on Monday, after a five-week shutdown due to capital controls. The Greek stock market opening was another step away from the crisis caused by the uncertainty over the country's upcoming bailout program. However, as trading resumed,...