Stocks inch up dur­ing day of thin trade

Kathimerini English - - C O M M E N Tary -

A fourth con­sec­u­tive day of gains for stocks took the main in­dex closer to the 1,000-point mark, but trad­ing vol­ume dipped anew. Ex­pec­ta­tions of some­thing sig­nif­i­cant com­ing out of the Eurogroup meet­ing or to­day’s state­ment by the Euro­pean Cen­tral Bank helped prop up the bench­mark in the lat­ter half of the day.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 957.70 points yes­ter­day, adding 0.37 per­cent to Tues­day’s 942.70 points. The large-cap FTSE/ATHEX 25 in­dex ex­panded 1.41 per­cent to 312.24 points.

The bourse had not seen four straight days of gains in a row since late Au­gust, but the low turnover al­lows for lit­tle – if any – op­ti­mism.

El­lak­tor was the big­gest large­cap earner on the day, adding 6.17 per­cent, ahead of Myti­li­neos (up 4.43 per­cent) and Hel­lenic Ex­changes (3.57 per­cent). Gri­valia Prop­er­ties (down 3.41 per­cent) and OPAP gaming company (1.58 per­cent) were the only blue chip losers.

In to­tal 64 stocks re­ported gains, 38 regis­tered losses and 21 re­mained un­changed.

Turnover was the low­est in the last 21 ses­sions, amount­ing to 56.9 mil­lion euros, down from Tues­day’s 61.6 mil­lion.

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