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Greek Stocks

2019 Proves to Be the Best Year for Greek Stocks in Two Decades

Barring any unforeseen turbulence which might occur in the very last days of 2019, the Athens Stock Exchange (ATHEX) is set to celebrate its best year since the turn of the millennium. ATHEX is among the top performers among stock...

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 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%...

Athens Stock Exchange on the Rise Despite German 'No'

Athens Stock Exchange (ASE) closed with a 1.06% increase, despite the German negative response to the Greek request for a six-month extension of the loan agreement. The General Price Index closed at 856.50 points, recording a 1.06% increase. Intraday, the...

German FinMin Schaeuble: I Feel Sorry for the Greeks, They Elected an Irresponsible Govt

German Finance Minister Wolfgang Schaeuble directly accused the Greek government for acting "irresponsibly" in terms of the ongoing negotiations with its European partners, just a few hours ahead of the critical Eurogroup meeting to be held today in Brussels. As he...

Greek Stock Market in Free Fall After Punitive ECB Announcement

The Athens Stock Exchange opened in free fall today, with -10% losses, following an announcement by the European Central Bank saying it lifted its waiver on credit requirements for assets posted as collateral by Greek financial institutions. At 10.41am...

Greek Banks Rebound After Yesterday's Plunge

Major Greek banks rebounded today after yesterday's almost catastrophic sell-offs. Greek bank stocks rebounded as the new government made an effort to downplay the prospect of an imminent standoff with Greece's EU/IMF creditors. Ministers of Greece's new anti-bailout cabinet led by...

Money Week: Greek Athex Index the 6th Worst Investment of 2014

Greek stocks ranked as the world's sixth worst investment, according to the British leading financial magazine, Money Week. According to the annual list ranking the worst investments of the ending year, the Greek Athex index lost some 24.44% of...

Athens Exchange Up 10 Percent

Greek stocks rallied on Thursday ahead of parliamentary elections over the weekend, recording the biggest percentage increase in the last 10 months since August 2011. The Athens General Index jumped 10.1% to 550.10 in an otherwise negative European stock market...

Greek Stocks End At Fresh 19-Year Low

The General Index of Athens Stock Exchange ended at a 19-year low on Monday, losing the level of 700 units. The Greek market continues to slide with low turnover and without resistance, as the negative climate internationally has deteriorated after...