Na­tional’s rise fails to prop up bench­mark

Kathimerini English - - Focus -

In­vestor un­cer­tainty and the lack of a clear pic­ture as re­gards banks re­sulted in lit­tle ac­tion at the lo­cal bourse yes­ter­day, on very low trad­ing vol­ume and end­ing with a slight de­cline for the bench­mark. This fol­lowed an unim­pres­sive ses­sion on Fri­day, when the bench­mark had closed at the day’s low.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 685.11 points, giv­ing up 0.12 per­cent from Fri­day’s 685.95 points. The large-cap FTSE 25 in­dex ex­panded 0.07 per­cent to end at 205.40 points, but the mid­cap in­dex con­tracted 0.30 per­cent.

Na­tional Bank’s 10.36 per­cent rise helped buoy the banks in­dex 2.70 per­cent higher, de­spite Pi­raeus’s 10.71 per­cent slide and Al­pha’s 6.25 per­cent de­cline. Eurobank ad­vanced 4.76 per­cent.

Among other blue chips, con­struc­tion group El­lak­tor stood out for its 3.95 per­cent con­trac­tion while the Athens Wa­ter Sup­ply and Sew­er­age Com­pany (EYDAP) shed 2.19 per­cent. Gri­valia Prop­er­ties ad­vanced 1.74 per­cent and in­dus­trial con­glom­er­ate Myti­li­neos was 1.67 per­cent bet­ter off.

In to­tal 37 stocks reg­is­tered gains, 51 re­ported losses and 21 re­mained un­changed.

Turnover amounted to 24.1 mil­lion eu­ros, down from last Fri­day’s 48.1 mil­lion.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.