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ASE

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...

Greek Stock Market Fourth Best Υield in the World

A CNBC study showed that the Greek stock market has one of the best yields in the world. In fact, the ASE was ranked fourth on a global scale for 2013. First place went to the Buenos Aires Stock Exchange...

42 Defendants Acquitted After ASE Scandal

All the defendants in the 13 year-old case of the Athens Stock Exchange share bubble were acquitted on grounds that fraud could not be established. The three-member court of appeals acquitted the 42 defendants after an eight month procedure that...

Greek Market Ends Down by Political Strife

Greek stocks tumble 6.1% on Friday weighed down by political strife as the junior partner in Greece΄s ruling coalition, Democratic Left, says it΄s quitting the government over the closure of state broadcaster ERT. Athens΄ benchmark equity index has now lost...

Greek Market Ends Up

After a massive sell-off in bank shares, particularly National Bank and Eurobank (-30%) which dragged the Greek stock market significantly lower in the aftermath of Sunday΄s decision to postpone a merger plan between the two banks, the General Index...

Greek Market Ends Session 7.1% Lower

The Greek market suffered the biggest percentage loss since the beginning of the year, weighed down by the negative sentiment surrounding the euro zone periphery on Spain΄s deteriorating economic situation and the recurring debt crisis. On the board, the General...

Greece's Risk is Strangling Athens Stock Exchange

On Thursday, the General Index managed with difficulty to be kept marginally above 500 units, however intraday was found below the level of 500 units (-5.06%), for the first time since January 1990. Despite the big losses that preceded, the...

Elections Paralyze Athens Stock Exchange

The Athens Stock Exchange suffered the largest daily loss since the beginning of the year after yesterday’s election results and while the first round of exploratory contacts seems to be driven into an impasse. Trading began with strong pressure on...

ASE: Closed Below 700 Units

The General Index of the Athens Stock Exchange closed at new low levels, below 700 units for the first time since January. The sentiment of the Greek board was sluggish throughout the volume of trade, with shares of FTSE 20...