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MARKETS
MARKETS
Stock market
Foreign investors net sellers of Greek stocks for sixth consecutive month in Sept
Foreign investors remain net sellers of Greek stocks for sixth straight month in September. They accounted for 55% of total turnover.
MARKETS
MARKETS
Midday stocks
Equities drop at midday, but bounce off session lows at open
Local stocks suffer steeper losses than European peers, as some bourses flipped to gains from losses boosted by energy stocks.
POLITICS
POLITICS
Prime Minister
Mitsotakis to attend trilateral meeting in Varna
The main subject of the meeting will be the enhanced regional connectivity and specifically, the development of a future Greece-Bulgaria-Romania corridor.
MARKETS
MARKETS
Early shares
Equities sink as investors turn risk averse on Middle-East conflict; Banks battered
Middle East conflict hammer stocks in Athens as investors have turned risk-averse. However, losses in Athens are steeper compared with major bourses in Europe.
BUSINESS
BUSINESS
Eurobank-HFSF
Eurobank buys back 1.4% stake from HFSF for 93.7m euros
Eurobank announces the acquisition of all its issued shares held by HFSF for a total consideration of 93.7 million euros. The lender bought back some 52 million common shares.
POLITICS
POLITICS
Local elections
New Democracy secures lead in local elections; Wins 7 out of 13 regions
Ruling New Democracy party has confirmed its domination in the local and regional elections, winning seven out of 13 regions of Greece in the first round of vote on Sunday.
MARKETS
MARKETS
Stocks
Equities close lower, suffering losses for sixth consecutive weeks
Profit-taking in non-financials drove the market sharply lower, breaking critical technical points. Europe turns negative due to stronger-than-expect3d U.S. job data.
MARKETS
MARKETS
Midday trade
Equities turn negative at midday, despite Europe's recoveries.
The trading pattern remains the same for some days now, efforts for rebound in early trade and then intra-day profit taking which is responsible for the negative closing signs.
ECONOMY
ECONOMY
HFSF divestment
DBRS: HFSF divestment from Greek banks should proceed smoothly
The sizeable improvements in banks' credit fundamentals as well as the resilience of Greece's economy, and the regained investor appetite for the country should enable a smooth divestment process.
BUSINESS
BUSINESS
Dismissal of reports
GEK Terna denies reports of acquiring subsidiary Terna Energy
GEK Terna “categorically denies” “unsubstantiated market rumors and relevant press reports” claiming that it plans to acquire Terna Energy.
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