Stocks post re­bound on ATHEX

Kathimerini English - - NEWS -

The lo­cal bourse re­bounded yes­ter­day as the mar­kets ap­peared cer­tain the Greek gov­ern­ment would have the con­fi­dence vote go its way and banks con­tin­ued their yo-yo trend.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 1,275.47 points, ex­pand­ing by 3.74 per­cent from Mon­day’s close at 1,229.43 points. The blue chip FTSE/ATHEX 20 in­dex rose by 4.64 per­cent to end at 576.09 points.

The banks’ sec­toral in­dex dropped by 3.37 per­cent on Thurs­day, rose by 7.82 per­cent on Fri­day, de­clined again by 4.26 per­cent on Mon­day and re­bounded by 6.93 per­cent yes­ter­day.

All but one blue chip showed gains, with El­lak­tor adding 10.19 per­cent, Al­pha Bank ris­ing 9.81 per­cent and Eurobank EFG grow­ing by 8.97 per­cent. ATEbank fell 0.79 per­cent.

In to­tal 103 stocks moved up, 36 went down and 40 re­mained un­changed. GEK Terna posted the big­gest rise, with gains of 14.09 per­cent, while Qual­ity and Re­li­a­bil­ity led the losers, de­clin­ing by 13.04 per­cent.

Turnover grew from 56.5 mil­lion eu­ros on Mon­day to 109.3 mil­lion yes­ter­day, with 94 per­cent of trade con­cern­ing blue chips.

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