Mixed pic­ture in lo­cal stocks

Kathimerini English - - Focus -

Greek stock­sposted mar­ginal gains yes­ter­day as in­vestors con­tinue to tread cau­tiously do­mes­ti­cally and abroad in un­char­tered post-UK ref­er­en­dum ter­ri­tory. The first half of the year ended with the bench­mark de­clin­ing 14.13 per­cent and the banks index by 41.40 per­cent.

The Athens Ex­change (ATHEX) gen­eral index closed at 542.12 points, up just 0.04 per­cent from Wed­nes­day’s 541.88 points. The large-cap FTSE 25 index de­clined 0.86 per­cent to end at 1,451.96 points, while mid-caps rose 1.28 per­cent.

The un­rest at do­mes­tic banks, with changes ex­pected in man­age­rial posts, and the in­ter­na­tional trend to­ward selling credit stocks con­trib­uted to the banks index slid­ing 4.79 per­cent. Pi­raeus Bank slumped 6.40 per­cent, Al­pha lost 6.36 per­cent, Eurobank sur­ren­dered 2.48 per­cent and Na­tional fell 2.04 per­cent.

Pi­raeus Port Au­thor­ity, whose sale to Cosco Ship­ping has been in ques­tion since Wed­nes­day, gained 1.24 per­cent. Jumbo jumped 4.99 per­cent, and EYDAP and Mo­tor Oil both grew 3.16 per­cent.

In to­tal 49 stocks reg­is­tered gains, 35 re­ported losses and 16 re­mained un­changed.

Turnover amounted to 83.8 mil­lion euros, up from Wed­nes­day’s 73 mil­lion.

In Ni­cosia the gen­eral index of the Cyprus Stock Ex­change ad­vanced 0.70 per­cent to close at 65.85 points. of the Hel­lenic Fi­nan­cial Sta­bil­ity Fund, Gior­gos Miche­lis (seen here on the left in a file photo with Pres­i­dent Prokopis Pavlopou­los), has been asked to re­sign from the bank bailout fund in or­der to fa­cil­i­tate changes to it, ac­cord­ing to its as­sess­ment com­mit­tee.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.