Today, the Greek stock market is moving above 1,300 points, which is testing its strength at the levels, which have been very difficult in the last few days. The general index recorded gains of 0.96% at 1,303.26 points, with turnover at 27 million euros, mainly due to two packages in Mytilene, worth 14 million euros.
Banks in focus
The banking industry is in focus today, with investors returning to the prospect of measures the government is planning to fully liquidate bad loans. The Heracles III scheme is among the measures promoted by the financial leadership, adding additional quality prospects to an industry that appears to be freeing itself from the bad “legacy” of the crisis.
After all, there are not a few analysts who believe that a policy that will improve the conditions in the Greek capital market, as well as the reduction of the transaction burden, will only work positively in a market that is preparing to return to the “great salons” of the developed world. A perspective that may not be immediate, but that can bring changes that in the long term will only be beneficial.
On the board
In terms of stocks now, Piraeus Bank, Eurobank, Mytileneos, National Bank, Alpha Bank, Motor Oil, Lambda and OPAP stand out with their strong profits, while PPC, Biohalco, GEK Terna, Titan, Sarantis, EYDAP, Cenergy, Aegean, Terna Energy, Jumbo, OTE and Ellaktor. In negative territory are Autohellas, Hellenic Petroleum, Coca Cola and ELHA.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Deadline for Postal Vote Registration Expires on Mon.
More than 157,000 Greek citizens had registered on the relevant online platform so far
Orthodox Palm Sunday Today; Shops Open in Greater Athens-Piraeus Area
Orthodox Holy Week begins on Monday, April 29, and ends on Sunday, Easter Sunday or Great and Holy Pascha (May 5)
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
