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Greek Bank Shares Drag Down the Athens Stock Exchange, State Bonds Reach 4.66%

The turmoil in the Italian economy and the deterioration of Greek state bonds dragged down the Athens Stock Exchange on Monday, with the General Index showing a 2.61 percent loss to 641.79 points. Once again, Greek bank shares led the...

Brexit Bloodbath Spills Over to Athens Stock Exchange

Greek stocks spiraled downwards in one of the biggest single-day losses in the Athens Stock Exchange on Friday. The Greek market was gripped by the frenzy of the global turmoil caused by a UK Brexit vote that marks the...

Pessimism at Athens Stock Exchange As Troika Reviews Greek Bailout Program

The Athens stock market experienced losses following the first meeting between Greek government officials and the country’s creditors, especially since there were no news on the negotiation front. After a day of light trading, the Athens stock exchange general index...

Capital Controls On Athens Stock Exchange to be Lifted

After four months of operating under restrictions, the Athens Stock Exchange will soon be functioning without limitations for Greek investors. Charalampos Gkotsis, the president of the Hellenic Capital Market Commission (HCMC), announced on Monday that Greek Finance Minister Euclid Tsakalotos has signed...

Reopening of Athens Stock Exchange Postponed

According to Greek newspaper "Kathimerini," sources claimed that the reopening of the Athens Stock Exchange (ASE) is being postponed because banks have been unable to create new accounts for Greek stockholders. The stock exchange was expected to open on Thursday after being shut down since...

European Central Bank Approves Reopening of Athens Stock Exchange

The European Central Bank (ECB) approved on Tuesday a modified plan, submitted by the Greek government, to reopen the Athens Stock Exchange (ASE), a month after it was shut down due to capital controls. The ECB's final recommendation is that transactions by foreign investors will...

ECB Rejects Greek Request to Reopen Athens Stock Exchange

The European Central Bank (ECB) did not accept the request of the Bank of Greece (BoG) and the Capital Market Commission for reopening the Athens Stock Exchange without restrictions for Greek investors, who will not be able to use existing deposit...

Decisions to Reopen the Athens Stock Exchange Will Be Taken Next Week

Final decisions concerning the reopening of the Athens Stock Exchange will be taken next week, senior Finance Ministry officials said on Thursday. Representatives of the Bank of Greece (BoG), the Capital Markets Commission, the stock exchange and the Members Association...

Biggest Athens Stock Exchange Drop Since 1987

In the maelstrom of political uncertainty - after the announcement of the acceleration of the Presidential election - moved today the Athens Stock Exchange (ASE), as concerns regarding the country's political developments seem to affect Greek banks. The main index lost...

New Significant Drop in Athens Stock Exchange

Athens Stock Exchange (ASE) General Index closed at 910.50 points on Friday with a 5.38% drop, or 51.81 points lower than the previous closing, while turnover was 101 million euros. The drop is estimated due to the climate created after...

Second Day of Losses in Athens Stock Exchange

For a second day in a row, Greek stocks and state bonds remain under heavy pressure. Starting yesterday and hit by a wave of selling foreign investors, the Athens Stock Exchange (ASE) index fell more than 7%, significantly below the 900-point...

Significant Drop in Athens Stock Exchange

Athens Stock Exchange (ASE) General Index closed at 948.21 points on Tuesday, a 5.70% drop, marking the ASE's worst trading day since June 2013. The drop is estimated due to the negative climate created in the international market, as well as the concerns...

Bomb in Envelope Alarms Athens Stock Exchange

An investigation by the Greek counter-terrorist unit is currently under way in Athens after an envelope containing an explosive device was discovered in the mailroom of the Athens Stock Exchange on Thursday morning. According to initial reports, the envelope was...

Bloomberg: Athens Stock Exchange Among the Worst Performers

“Among the best-performing Europe gauges in 2013 after the government carried out the world’s biggest-ever debt restructuring, Greece’s ASE Index has become one of the worst,” Bloomberg reports. The stock market is slumping 21% as lenders from Piraeus Bank...

Major Losses on Athens Stock Exchange

As the government plans to make another $17.45 billion in spending cuts and tax hikes remained stuck in talks, the Athens Stock Exchange fell 6.3 percent on Oct. 9 as investors fretted that the delay could affect Greece's chances...