
Greek Stock Market Eyes New Peaks Amid 17-Year Highs
The Greek stock market is eyeing new peaks at 2,640 units, with a primary scenario of accumulation at 17-year highs. All attention is focused on companies like Motor Oil and Metlen.
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The Greek stock market is eyeing new peaks at 2,640 units, with a primary scenario of accumulation at 17-year highs. All attention is focused on companies like Motor Oil and Metlen.

Samsung Electronics stock is surging today, while Twist Bioscience stock has hit a 52-week high at $143.1 USD, reflecting strong market performance for both companies.

The Athens Stock Exchange achieved a new 17-year high, driven by selective buying in stocks such as Piraeus, Motor Oil, Allwyn, Bally’s Intralot, Real Consulting, and Space Hellas. Argx stock also hit an all-time high, contributing to the overall market surge.

Motor Oil's stock continues its upward trajectory, having climbed above 55 euros. This milestone has made Motor Oil a 6 billion euro listed company on the stock exchange.

The Athens Stock Exchange closed with a marginal decline of 0.02%, with trading volume reaching 212.134 million euros. Despite the slight dip, some stocks like Hellenic Petroleum and Kri-Kri showed notable performance.

The investment community is keenly awaiting MSCI's verdict on the rebalancing of its indices, which will determine the new composition of the main Greek index and could impact stocks like Motor Oil.

Motor Oil's stock has reached record highs of 53 euros, emerging as one of the strongest performers in recent weeks on the Greek stock exchange, with investors closely watching its potential inclusion in the MSCI index.

MOTOR OIL (Hellas) S.A. and the Vardinogiannis family are significantly enhancing the civil protection of the Municipality of Agios Vasileios with a donation of firefighting vehicles and equipment.

Shares of Helleniq Energy and Motor Oil are experiencing a dual rally on the Greek stock exchange, with Helleniq Energy reaching 13.1 euros for the first time since 2005 and Motor Oil also climbing.

A significant step towards developing hydrogen mobility in Greece has been taken with the delivery of the first two hydrogen fuel cell electric vehicles, Toyota Mirai, for use on Greek roads.

Motor Oil has completed the acquisition of full ownership of Nova ICT. This strategic move consolidates Nova ICT under the control of the Motor Oil Group.

China's economic growth in the second quarter has slowed to its weakest pace in over three years, with imbalances and weak domestic demand contributing to the deceleration. This marks a significant cooling for the world's second-largest economy.

Motor Oil Hellas announced its commitment to contribute to protecting the market and consumers from rising fuel prices. The company stated it would act within the framework already announced by the state.

The Athens Stock Exchange has successfully rebounded, with the market index climbing back above the 2,500-point level. This recovery saw significant gains for companies like ELPE and Motor Oil.

AKTOR and Motor Oil have reached an agreement in principle for AKTOR to acquire a 50% stake in the Dioriga Gas LNG terminal. This deal signifies a significant partnership in the energy sector.

The Greek stock market closed with a 0.91% gain, reaching new 17-year highs, bolstered by a vote of confidence from JP Morgan. Construction stocks and specific companies like DEI, Aktor, and Motor Oil saw significant increases, contributing to a strong market performance.
Global stock markets experienced mixed performance at the beginning of July, with some indices like the Athens Stock Exchange and PSX showing gains, while others like Oslo Børs opened slightly up. This follows a period of varied economic indicators.

Aktor is reportedly in discussions with Motor Oil regarding potential collaborations on the Helector, Thalis, and FSRU projects. These talks suggest significant business developments in the energy and infrastructure sectors.

AKTOR is set to become a leader in the circular economy, while Motor Oil's Dioriga Gas gains an advantage in the race for new LNG terminals, following a double capital raising move of 1 billion euros.

Cyclon, part of the Motor Oil group, has joined forces with Iaponiki, a company with 53 years of presence in the Greek Automotive Aftermarket, marking a new era for the sector.

Shareholders of Motor Oil have today as their last opportunity to secure the right to receive a supplementary dividend of 1.4 euros.

Motor Oil has approved a dividend of 1.75 euros per share, following the approval of its 2025 financial statements. Concurrently, Vardinogiannis expressed concerns about the premature shift away from fossil fuels.

NBG Securities has updated its estimates for Motor Oil Group, setting a new target price of €51. This adjustment reflects significant improvements in refining conditions and robust cash flow generation expected from the company.

MORE (Motor Oil Renewable Energy), a subsidiary of Motor Oil Group, is undertaking targeted portfolio restructuring to focus on high-performance sectors that will define the future of renewable energy.

The Greek stock market experienced profit-taking after a recent upward trend, with banks seeing losses of up to 2%. Attention is now focused on specific blue-chip stocks and potential further market adjustments.

Motor Oil Group announced a substantial increase in its first-quarter financial results, with net profits soaring by 293% and turnover rising by 25%.
The automotive industry is reportedly warning of potential motor oil shortages. This concern stems from disruptions to supply chains caused by the ongoing conflict in Iran.

An article discussing the shelf life of motor oils, advising consumers on how long purchased or stored motor oil remains effective and when it is best to use it.

Shares of Motor Oil experienced a significant reaction to the decrease in oil prices, which is expected to limit refining margins.

Petros Tzannetakis, Deputy CEO of Motor Oil Group, emphasized the importance of balancing fossil fuel refining with the energy transition and regulatory flexibility at the 11th Delphi Economic Forum.

Oil and gas prices are experiencing a drop, though market uncertainty persists. Small decreases are anticipated for unleaded gasoline, while significant increases are expected for heating and motor oils.
COGAT reported the discovery of motor oil hidden within UN humanitarian aid destined for Gaza, warning that this constitutes a serious violation of aid mechanisms and indicates Hamas's continued attempts to exploit aid for terrorist activities.

Motor Oil reported increased profitability for 2025, with operating profits rising to 1.2 billion euros and net profits reaching 757 million euros, despite a 6% decrease in consolidated turnover compared to 2024.

Shares of Motor Oil have reached a new historic high, continuing to move counter to the rest of the market.

An emergency meeting has been convened by the Greek Ministry of Environment and Energy, with participation from RAAEY, Motor Oil, and ELPE, to discuss the country's energy resilience.
Russia is experiencing its second fuel crisis of the summer, with widespread shortages and rising prices leading to rationing and public altercations at gas stations. The problem is compounded by a motor oil shortage, with those who speak out facing fines and arrests.
Russia is experiencing significant disruptions in its motor oil supply chain, leading to a 40% price increase in some segments and extended delivery times, according to market participants.

Automakers are reportedly exploring and adopting new motor oil blends in response to an ongoing crisis in the motor oil supply.

The world's largest car manufacturers are seeking to prevent a motor oil crisis due to a shortage of Group III base oils, prompting them to explore new blends for their vehicles.

MSCI announced that Motor Oil's stock has been added to the Standard Greece index, bringing the total number of Greek participations in the index to ten.

The Greek labor market presents a seemingly contradictory picture with increasing employment opportunities and strong hiring, yet a simultaneous rise in the number of unemployed citizens seeking work.

Motor Oil is scheduled to publish its semi-annual financial results on the afternoon of August 25th, with anticipation building for the company's economic performance figures.

AKTOR has finalized an agreement to acquire 75% of Motor Oil's subsidiaries HLEKTOR and Thalis, formalizing a broader collaboration between the two groups and impacting waste and water management.

A pensioner reportedly killed his neighbor's fish with motor oil, claiming he was driven 'completely insane' by the noise from their pond.

AKTOR Group's significant capital increase, exceeding 30% of its pre-existing share capital, has positioned it as an attractive investment opportunity in the European infrastructure sector, with the company now focusing on plans including two transactions with Motor Oil.

Latsco family office and EOS Capital have acquired a 30% stake in Nova ICT, partnering with Motor Oil, whose subsidiary Ireon Technologies Limited is also part of the new shareholder structure.

An unwritten rule in politics suggests that persistent denials often mean a scenario has been considered, with discussions in Greece now focusing on a €2 billion package for elections and scenarios involving Motor Oil.
Reports analyze the stock market, noting QUAL reaching a record high and highlighting Motor Oil's significant gain of over 1.7 billion euros.

Aktor has announced its acquisition of a 50% stake in Motor Oil's Dioriga Gas LNG project, a move expected to significantly impact the region's LNG infrastructure and the Vertical Corridor initiative. This agreement marks a key development in the energy sector for both companies.

The Greek stock market failed to reclaim the 2,500-point mark, closing below its daily high, despite efforts by buyers. Motor Oil and EYDAP reached new highs.

Motor Oil Renewable Energy has commenced trial operations at its first overseas project located in Romania. This marks a significant step in the company's international expansion into renewable energy.

Pantelakis Securities has increased its price target for Motor Oil to €51.2 and set HelleniQ Energy's target at €12.5, recommending an overweight position for both Greek refinery stocks.

Construction giant AKTOR Group has submitted a formal bid to acquire a 75% stake in environmental firms Helector and Thalis from Motor Oil, signaling a major push into Greece's circular economy sector.

Aktor is in discussions with the Motor Oil Group, among others, regarding participation in the development of a floating liquefied natural gas (LNG) regasification station.

The Athens Stock Exchange has completed three consecutive negative sessions, partially correcting from its multi-year high of 2,501 points achieved earlier in the week, with Aktor, Motor Oil, and Attica in focus.

Motor Oil has unveiled a €4 billion investment plan stretching to 2030, with a strategic focus on energy, infrastructure, and renewable energy sources, amidst geopolitical instability and energy security concerns.
Auto shops in Tokyo and Detroit are experiencing shortages of motor oil, paint, and other products due to the Middle East conflict disrupting global supply chains, with a U.S.-Iran deal not expected to bring immediate relief.

Prasino Ladi, a subsidiary of Verd and member of Motor Oil Group, is celebrating 15 years of operation, providing a solution for used cooking oil. The company is expanding its collection app to Thessaloniki.

The PPC Group (ΔΕΗ) and MORE, a subsidiary of Motor Oil Group, have reached an agreement to acquire 107 MW of wind power and 1.175 GW of photovoltaic assets from PPC Renewables. This strategic move aims to reshape their portfolios and enhance their position in the Greek Renewable Energy Sources market.

Motor Oil Group announced strong financial results for the first quarter of the year, with net profits surging by 293% and turnover increasing by 25%.

Motor Oil, along with the Vardinogiannis Foundation, has donated a patrol boat and four vehicles to the Hellenic Coast Guard. The handover ceremony took place in the presence of the Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias.
The automotive industry is preparing for a potential shortage of motor oil.

Many people store motor oil in their garages, but the article discusses how long it can be kept before it becomes unusable, highlighting that motor oils have an expiration date.

Greece's energy storage market is gaining momentum as initial battery projects, including those by Motor Oil's subsidiary 'more', begin operations, with more installations planned.

Motor Oil shares are under pressure, losing ground from previous records as falling oil prices negatively impact refining margins.
An inquiry has revealed the specific company responsible for producing Costco's Kirkland brand motor oil.

Motor Oil reported strong profits and a significant dividend, alongside plans for a new €220 million investment cycle, as it navigates geopolitical uncertainty and strengthens its presence in green energy.

The Athens Stock Exchange saw buyers reverse an initial lead by sellers, with ELPE shares rising above 10 euros and Motor Oil setting a new record, in a scenario similar to the previous day.

The stocks of Motor Oil and Hellenq Energy continue to walk on a separate path, benefiting from improved refining margins and the appreciation of energy...

The Athens Stock Exchange experienced a dive of over 3%, with banks and blue chips seeing a sell-off, while the Hungarian stock exchange, including OTP, also plunged at opening, both attributed to the escalating conflict in the Middle East.

The Greek stock market saw a rebound, with buyers pushing the market back above the 2,600-point threshold. Banks led the charge, while Motor Oil approached 60 euros.

The Athens Stock Exchange continues to experience profit taking in the banking sector, while shares of Motor Oil, ELPE, and DEI have seen significant gains amidst negative international developments.

MSCI has added Motor Oil to its Standard Greece index, marking another positive development for the Greek stock market this summer.

The Greek stock market concluded the week with a 0.31% increase, bringing year-to-date gains to 23.70%. The market closed with a 0.38% rise and a turnover of 234.99 million euros, with Motor Oil and ELPE performing strongly.

Doctors Without Borders (MSF) has raised an alarm, stating that Israeli authorities continue to impose limits on the entry of essential goods like motor oil and spare parts into Gaza, jeopardizing thousands of lives by hindering the operation of hospitals, ambulances, and water pumps.

Drivers are advised that the most expensive motor oil is not necessarily the best; the correct choice depends on engine requirements to avoid increased fuel consumption and engine wear.
Aktor has agreed to acquire Motor Oil's waste management businesses in a deal valued at €300 million.

The AKTOR Group has signed a binding agreement with Motor Oil to acquire a 75% stake in the companies HELECTOR and THALIS, forming a strategic partnership.

The Motor Oil Group has spearheaded the registration of the first two hydrogen-powered cars in Greece, marking a significant milestone for the development of hydrogen mobility in the country as part of the European TRIERES - Greek Hydrogen Valley project.

A new podcast series titled "Stories of Hope," supported by Motor Oil, features eight life stories that illuminate the profound impact and strength found in acts of giving.

Nova, a member of United Group, has announced an agreement to sell its 50% stake in Nova ICT to IREON Technologies, a company within the Motor Oil Group.

Two listed refining companies, Motor Oil and Helleniq Energy, have experienced a rally worth 2.8 billion euros in the stock market during 2026.

Two prominent Greek business leaders, Vardinogiannis of Motor Oil and Exarchou of Aktor, are reportedly aligning their strategic interests and strengthening their collaboration across several key sectors.

Greek company Motor Oil's market capitalization is rapidly approaching 5 billion euros as its stock continues to hit successive historical highs.

Optima Bank has set a target price of €54.1 for Motor Oil's stock, maintaining a 'buy' recommendation for the company.

The Athens Stock Exchange has continued its upward trend, reaching new 17-year highs. Buyers remain in control, with strong performances from companies like PPC, Motor Oil, and National Bank.

Motor Oil and AKTOR are entering exclusive negotiations following AKTOR Group's proposal to acquire a 75% stake in HLEKTOR M.A.E. and THALIS E.S. A.E., which are indirect subsidiaries of Motor Oil.

A Greek news outlet covers a range of topics including COSCO's role in Libya as a US concern, new EU parcel fees impacting e-commerce, and various updates related to Greek business and political figures.

The AKTOR Group announced a proposal to Motor Oil for the acquisition of 75% of shares, strengthening its position in environmental projects and the circular economy market.

The Athens Stock Exchange saw a third consecutive day of profit-taking, particularly impacting banks, while Aktor and Motor Oil shares performed well. Despite some initial hesitation, buyers showed a slight lead, with Aktor, Metlen, and Viohalco in focus for an upward start.

Vardis Vardinogiannis, from Motor Oil, stated that Europe's persistent move away from fossil fuels is a strategic mistake, emphasizing concerns about costs and security of supply during an annual general meeting.

The ongoing conflict with Iran is causing a surge in the cost of lubricants and motor oil, and experts suggest that even a tentative peace deal may not resolve the problem, despite the U.S. being a major crude oil producer.

PPC (Public Power Corporation) has signed an agreement with MORE, a subsidiary of Motor Oil Group, to acquire six operational wind farms in Greece with a total maximum capacity of 107.1 MW.

Motor Oil Group has acquired a 60% majority stake in ENACT, marking its expansion into the circular economy sector. This acquisition signifies a strategic move for the company.
Motor Oil (Hellas) Corinth Refineries S.A. reported GAAP EPS of €3.06 and revenue of €3.36 billion, while nCino reported GAAP EPS of $0.12 and revenue of $159.41 million, both exceeding analyst expectations.
Business Insider's tracking of 45 key products at Costco indicates that prices inside the warehouse have remained surprisingly steady despite higher energy costs, attracting more shoppers.

Several companies, including Siebert Financial, China Natural Resources, and Terumo, have released their latest quarterly financial results. These reports detail their GAAP earnings per share and revenue figures for the period.

Many people store various items in their garages, including motor oil bought in advance or on sale, but it has a shelf life. The article discusses how long motor oil can be stored before it becomes unusable.

Petros Tzannetakis, Deputy CEO of Motor Oil Group, spoke at the 11th Delphi Economic Forum, emphasizing the critical balance between fossil fuel refining and the green energy transition, alongside the role of regulatory authorities.

The Greek stock market's General Index rose by 0.21% to 2,279.69 points, despite facing pressure from specific companies like PPC, GEK TERNA, and Motor Oil. The day was characterized by an 'informal truce' between buyers and sellers.

Motor Oil Hellas and Alter Ego Media have announced their entry into the shareholding structure of Antenna Greece's subsidiary, the ANT1+ streaming platform, with the transaction pending approval from relevant authorities.

Greek energy company Motor Oil announced a 50% increase in net profits to 757 million euros and a 21% rise in operating profits to 1.2 billion euros for 2025, alongside a proposed dividend of 1.75 euros per share, as it reports its full-year results.

Motor Oil's stock has reached a new historical high, surpassing 38 euros on the stock exchange.

The Athens Stock Exchange continues its recovery, with investors pushing for an increase of over 1%, notably in the banking, Motor Oil, and ELPE sectors, following a significant previous decline.

A dispute has erupted between Motor Oil and DESFA regarding a 400 million euro FSRU investment project in Corinth, now under investigation by the Energy Regulatory Authority.