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Athens News Agency: News in English, 10-02-22

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] OA, Aegean Airlines to merge
  • [02] ĎA, Aegean Airlines announce merger deal
  • [03] Stocks end 1.54% higher

  • [01] OA, Aegean Airlines to merge

    (ANA-MPA) -- Aegean Airlines and recently privatised Olympic Air on Monday announced their merger, referring to a "national airline champion" in a press release.

    [02] ĎA, Aegean Airlines announce merger deal

    (ANA-MPA) -- Aegean Airlines and recently privatised Olympic Air on Monday announced their merger, referring to a "national airline champion" in a press release. Both carriers said their main shareholders reached an agreement on Monday regarding the merger, and the formation for a new listed air carrier. Additionally, they said Olympic Handling and Olympic Engineering (the maintenance base) will become 100-percent subsidiaries of the new company.

    (ANA-MPA)

    [03] Stocks end 1.54% higher

    Stocks ended significantly higher at the Athens Stock Exchange on Monday, although trading conditions remained thin in the market. The composite index rose 1.54 pct to end at 1,957.39 points, with turnover a low 164.711 million euros.

    The FTSE 20 index jumped 2.03 pct, the FTSE 40 index ended 1.72 pct higher and the FTSE 80 index rose 1.25 pct. Banks (3.79 pct) and Health (3.51 pct) scored the biggest percentage gains of the day, while Travel (1.96 pct) and Utilities (1.0 pct) suffered losses.

    Klonatex (16.67 pct), Vivere (11.36 pct), Kekrops (9.8 pct), Elfico (9.76 pct) and Paperpack (9.52 pct) were top gainers, while Tzirakian Profil (20 pct), Nakas (9.70 pct) and Fieratex (8.0 pct) were top losers. Broadly, advancers led decliners by 133 to 59 with another 41 issues unchanged.


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