Bourse posts weekly gains of 11.7 per­cent

Kathimerini English - - Front Page -

Ex­pec­ta­tion­sof a deal be­tween Greece and its cred­i­tors and Euro­pean Cen­tral Bank Pres­i­dent Mario Draghi’s state­ments for fur­ther support to the econ­omy if nec­es­sary, which were well re­ceived across the eu­ro­zone, sent the Greek bourse bench­mark mighty close to the 1,000-point mark yes­ter­day, a rather un­likely out­come to the week con­sid­er­ing the mis­er­able se­ries of ses­sions lead­ing up to the rally. The Athens Ex­change (ATHEX) gen­eral in­dex ended at 995.07 points, adding 3.67 per­cent to Thurs­day’s 959.85 points. The large-cap FTSE/ATHEX 25 in­dex ex­panded 4.07 per­cent to 322.81 points.

The bench­mark has there­fore added a re­mark­able 11.71 per­cent on a weekly ba­sis, while the banks in­dex grew by almost 18 per­cent week-on­week. The in­crease in turnover was another pos­i­tive el­e­ment of the week’s last ses­sion.

Hel­lenic Ex­changes out­per­formed with a rise of 6.90 per­cent, while Eurobank added 6.64 per­cent and OTE tele­com rose 6.37 per­cent. El­lak­tor (down 0.37 per­cent) and Ti­tan Ce­ment (0.20 per­cent) were the only large-caps to head south.

In to­tal 88 stocks regis­tered gains, 33 recorded losses and 22 re­mained un­changed.

Turnover amounted to 112 mil­lion euros, the high­est of the week, up from Thurs­day’s 74 mil­lion.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.