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Athens News Agency: News in English, 10-02-22
CONTENTS
[01] OA, Aegean Airlines to merge
[02] �A, 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] �A, 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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