Stocks con­tain weekly losses to 1.4 per­cent

Kathimerini English - - Front Page -

Stocks con­tin­ued to rise at Athi­non Av­enue yes­ter­day. This was at least partly due to the fa­vor­able cli­mate on in­ter­na­tional mar­kets, with banks lead­ing the way once again. How­ever, again, trad­ing vol­ume left much to be de­sired.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 537.10 points, adding 1.03 per­cent to Thurs­day’s 531.64 points. On a weekly ba­sis it con­tracted 1.41 per­cent.

The large-cap FTSE 25 in­dex ex­panded 1.54 per­cent to end at 1,438.09 points, while mid-caps gave up 1.24 per­cent.

The banks in­dex re­versed the losses in­curred over the course of the week, claw­ing back 6.39 per­cent, end­ing with a 0.62 per­cent weekly rise.

Al­pha Bank had an im­pres­sive day, as it dropped by as much as 3.38 per­cent be­fore re­cov­er­ing to close the day with 9.46 per­cent growth. Eurobank in­creased 5.42 per­cent and Na­tional ex­panded 3.89 per­cent. Lamda Devel­op­ment fell 1.63 per­cent and Gri­valia Prop­er­ties con­ceded 1.47 per­cent.

In to­tal 42 stocks reg­is­tered gains, 39 took losses and 21 re­mained un­changed.

Turnover im­proved slightly to 42.1 mil­lion eu­ros, from Thurs­day’s two-month low of 33.8 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change ad­vanced 0.92 per­cent to close at 64.91 points.

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