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MARKETS
MARKETS
Early stocks
Extend recovery led by banks, refiners; Eyeing US CPI data
Equities trade higher early Thursday, led by strong banks and refiners. European shares opened higher, eyeing US CPI data, which will determine the trend of the day.
MARKETS
MARKETS
Equities
Investors rotate into non-financials, maintaining the upward momentum
Shares in Athens close higher on Wednesday, extending Tuesday’s oversold bounce, after six weeks of consecutive losses.
MARKETS
MARKETS
Midday stocks
Equities extend gains in midday trade; Investors rotate into non- financials
Stocks extend gains at midday, as investors search for buying opportunities. into non-financials. Analysts argue that stocks deserved “an oversold bounce”.
ECONOMY
ECONOMY
Fiscal Monitor
IMF sees growing primary surpluses in Greece ; Debt to fall to 160.2% of GDP in '24
The general government balance is projected to show a primary surplus of 0.1% of GDP in 2022, 1.0% of GDP in 2023 and 2% of GDP in 2024-2025, and then to average 2.2% in subsequent years up until 2028.
ECONOMY
ECONOMY
IMF
Theocharis to lead Greek delegation at annual IMF meeting
Accompanying him on this mission will be Dimitris Tsakonas, General Director of the Public Debt Management Agency, and Michalis Masourakis, Greece’s representative to the IMF.
ECONOMY
ECONOMY
Car salers
New car registrations rise 21.6% in Sept; New cars sales +32% y-o-y
Statistics office ELSTAT said that 19.008 road motor cars-both new and used from abroad- were put into circulation for the first time in September, while new car sales reached 9,338.
BUSINESS
BUSINESS
Smart Park
Fourlis agrees to buy Smart Park for 93m euros
Fourlis Holdings said that its real estate arm Trade Estates has signed a share purchase agreement to acquire from REDS the retail park Smart Park.
MARKETS
MARKETS
Early stock trade
Shares rise in early trade; Europe is slightly down
Stocks in Athens trade higher early Wednesday, but European markets opened lower after clocking their best one-day performance in nearly a year.
BUSINESS
BUSINESS
Hellenic Cables
Cenergy wins new export cables contract for Polish offshore wind farms
A consortium formed between Hellenic Cables and Jan De Nul Group wins new export cables contract for Polish offshore wind farms.
MARKETS
MARKETS
stocks
Equities close sharply higher in massive turnaround; Banks at helm
Stocks stage a strong comeback on Tuesday, following excessive losses in previous sessions, which triggered an oversold bounce. Europe’s sharp gains added to the positive momentum.
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