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Athens Stock Exchange

ELTEH Anemos Renewable Energy Business Received IPO Approval

The renewable energy business ELTEH of Greece's biggest construction company Ellaktor got the approval of the Greek capital market regulator yesterday for the initial public offering of shares in the Athens Stock Exchange. This is expected to be the first...

Greece Stock Market Boosted By Euro Vote

Athens Stock Exchange made gains Monday as investors discounted any short-term prospects of an early general election after Greece's European election results. On the board, the ASE General Index ended 2.27% higher at 1,197.71 after a trading day worth 172 million euros. In the financial diary this week,...

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...

Stournaras Visits Greek Prime Minister After Troika Meeting

After the meeting between the Heads of the Ministry of Finance and Troika representatives, a government official mentioned that the Greek government, along with Troika, is attempting to close as many open subjects as possible until the beginning of...

Viohalco Leaves Greece

One of the most historic Greek companies, Viohalco Hellenic Copper and Aluminum Industry, is moving its headquarters to Belgium. According to what the company in Greece announced, Viohalco will be absorbed by its subsidiary in Belgium, aiming at a more...

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 Down

Athens Stock Exchange ends 4.7% lower on Monday, weighed down by the news the Greek government has failed to get any bids for the sale of gas company Depa and only a single bid for Desfa. These two companies were...

Greek Market Ends Above 1,000

Athens Stock Exchange ends up on Wednesday after 5 day recess, as positive vibes from IMF report and Morgan Stanley’s opinion about Greek GGB’s keeps optimism in the domestic market. Last week΄s 25bps cut in the ECB΄s key interest rate...

Athens Stock Exchange Suffers Heavy Losses

Athens Stock Exchange slumped for a second day on Wednesday, on fear of contagion from the financial crisis in neighbouring Cyprus. Although the deal brought temporary relief, investors soon focused on the future ramifications of the bailout plan and what...