Stocks rise but turnover drops

Kathimerini English - - I N T E Rv I E W -

The bench­mark of the Greek stock mar­ket ended at the day’s high yesterday with small gains for the ma­jor­ity of stocks. How­ever, the very low trad­ing vol­ume does not bode at all well in the short term, partly due to the fa­tigue ob­served on the banks front.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 680.75 points, adding 0.56 per­cent to Fri­day’s 676.93 points.

The large-cap FTSE 25 in­dex ex­panded 0.85 per­cent to end at 202.51 points, but mid-caps fell 0.22 per­cent and small-caps gave up 1.92 per­cent.

The banks in­dex posted a loss of 2.71 per­cent at the end of the ses­sion, with Pi­raeus Bank fall­ing 4 per­cent and Na­tional Bank slid­ing 3.33 per­cent.

El­lak­tor gave up 3.91 per­cent, while Gri­valia Prop­er­ties ad­vanced 3.26 per­cent, Ti­tan Ce­ment ex­panded 2.95 per­cent and Public Power Cor­po­ra­tion in­creased 2.82 per­cent.

In to­tal 42 stocks posted gains, 37 recorded losses and 14 closed un­changed.

Turnover amounted to 25.3 mil­lion eu­ros, down from last Fri­day’s 26.6 mil­lion.

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