Lively bourse ses­sion ends los­ing streak

Kathimerini English - - Front Page -

Yes­ter­day’s bourse ses­sion at Athi­non Av­enue had the traders on their toes, in­vestors on the edge of their seats and mar­ket ob­servers glued to their screens as it started with gains, con­tin­ued with losses and ended with the bench­mark in­dex post­ing a mod­er­ate rise and with losers out­num­ber­ing the gain­ers.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 1,222.88 points, inch­ing up 0.62 per­cent from Tues­day’s 1,215.34 points. The large-cap FTSE/ATHEX 25 ex­panded by 0.76 per­cent to 404.15 points.

When the main in­dex slipped be­low the 1,200-point level, buy­ers of non-bank­ing stocks swung into ac­tion and pow­ered the mar­ket higher, putting an end to the four-day los­ing streak. That, how­ever, takes noth­ing away from the bear­ish mood that con­tin­ues to dom­i­nate the mar­ket.

Jumbo out­per­formed with a 4.35 per­cent in­crease, fol­lowed by Myti­li­neos (up 2.75 per­cent) and OTE tele­com (2.66 per­cent). Folli Fol­lie fell 2.82 per­cent and Pi­raeus Port Au­thor­ity shrank by 2.78 per­cent.

In to­tal 62 stocks reg­is­tered gains, 73 suf­fered losses and 19 re­mained un­changed.

Turnover reached 93.8 mil­lion eu­ros, down from Tues­day’s 109.4 mil­lion.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.