Stock market undaunted: 11th consecutive month of rise – 38% rally in 9 months, 9% in the third quarter

More hard than the last representation suggests, the Greek banal marketplace secured its 11th consecutive monthly emergence successful a league that resembled a “roller coaster”. The purpose was to enactment supra 2,021.69 points (August close), with the General Index even reaching beneath 2,020 points astatine the regular lows. However, by 3:00 pm, buyers began to ramp up, adjacent “erasing” the losses.

Specifically, successful Friday’s (30/9) session, the GD fell marginally by 0.24 points oregon -0.01% to adjacent astatine 2,034.22 points. The index’s scope was acceptable astatine astir 17 points, with a regular precocious of 2,036.60 points and a regular debased of 2,019.82 points. The CA ended September with a summation of +0.62%. At the aforesaid time, it secured its 3rd consecutive bullish 4th (+8.9% successful Q3) and “climbed” by +38.41% successful 9 months.

Daily trading enactment amounted to much than EUR 360 million, with astir EUR 150 cardinal successful pre-agreed transactions. Three packages worthy EUR 101.81 cardinal were passed to Eurobank during today’s auctions. These packages, totalling 31 cardinal shares, changed hands astatine prices betwixt EUR 3.282 and EUR 3.316 per share.

The committee was balanced, with 2 securities lasting retired with their beardown emergence and multi-year records. On the 1 hand, Aktor continued its precocious “flights” and climbed to 8.6 euros for the archetypal clip successful 18 years (July 2007). On the different hand, Mevaco benefited from the awesome summation successful turnover and profitability successful the archetypal fractional of the twelvemonth and with a rally of much than +20% “climbed” supra 8 euros, a level not seen for 25 years (February 2000).

Premiere for GEK TERNA’s enslaved – curtains up connected archetypal fractional results

Today the 500,000 communal nominal bonds of GEK TERNA, worthy EUR 1,000 each (total EUR 500 million), resulting from the contented of a 7-year fixed complaint 3.20% bond, were admitted to trading. The nett funds raised from the enslaved contented magnitude to EUR 487,7 million. The proceeds volition beryllium divided arsenic betwixt concern financing (up to EUR 243.9 million) and indebtedness repayment (up to EUR 243.9 million).

The full valid demand, expressed by investors who participated successful the nationalist offer, amounted to astir EUR 1,19 billion. As stated successful the announcement of GEK TERNA, “the wide effect of the investing nationalist resulted successful the nationalist connection being covered 2,4 times and the full fig of participating investors reaching 15,251”.

The deadline for the announcement of archetypal fractional results by listed companies besides expires. The pursuing companies are publishing their fiscal reports today: GEK TERNA, Hellaktor, Prodea Investments, Techniki Olympiaki, Echter, Space Hellas, Ilida, AVE Group of Companies, Proodeftiki ATE, Interwood, ELVE, Eriourgia Tri Alpha, Bitros Symmetric, Unibios, Kloistohistografia Nafpaktos, Iatrik Athens, N. Leventeris, Afoi X. Kordellou, Mermeren Kombinat, E. Pairis ABEE, Trastor AEEAP, Blue Cedar, Voyatzoglou, Moda Bagno, Attic Publications, Minerva, Lampsa, Medicon, Mouzakis, Frigoglass, Sarantopoulos Rolling Mills, Galaxy Cosmos Mezz, SunriseMezz and Phoenix Vega Mezz.

Nervousness successful planetary markets owed to menace of shutdown

Investors connected Wall Street stay cautious arsenic they interest astir the hazard of a US authorities shutdown astatine midnight connected Tuesday (30/9), which would “freeze” the merchandise of captious economical data. However, the monthly gains are notable, with the S&P 500 posting its champion September show successful 15 years. Losses of betwixt -0.1% and -0.3% were recorded by the large indices successful Tuesday’s session.

European banal markets are mixed, arsenic the imaginable shutdown by the US authorities is an further origin of uncertainty and whitethorn hold the work of information captious for the prospects of a caller complaint cut. The pan-European Stoxx 600 is up +0.1% and the UK FTSE 100 is higher by +0.3%. At the aforesaid time, Germany’s DAX loses a marginal -0.05% and France’s CAC 40 is down -0.3%.