Na­tional takes bourse in­dex higher, while turnover rises

Kathimerini English - - Front Page -

Na­tional Bank led the Greek bourse bench­mark to a sec­ond con­sec­u­tive day of gains yesterday on hopes that the sale of a large stake in its Turk­ish unit, Fi­nans­bank, will mean that NBG will be able to min­i­mize its cap­i­tal re­quire­ments and fa­cil­i­tate its re­turn to the pri­vate sec­tor. Trad­ing vol­ume im­proved, ex­ceed­ing 40 mil­lion eu­ros.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 670.69 points, adding 0.54 per­cent to Mon­day’s 667.09 points. The large­cap FTSE 25 in­dex ex­panded 0.92 per­cent to end at 197.74 points.

Na­tional rose 4.55 per­cent, OPAP gam­ing com­pany in­creased 2.83 per­cent and OTE tele­com ad­vanced 2.73 per­cent, while Pi­raeus Port Au­thor­ity de­clined 3.46 per­cent and Pi­raeus Bank dropped 2.33 per­cent.

In to­tal 43 stocks posted gains, 38 took losses and 18 closed un­changed.

Turnover amounted to 41.1 mil­lion eu­ros, up from Mon­day’s 32.3 mil­lion.

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