Bourse in­dex course stays north­east­ern

Kathimerini English - - Front Page -

The warning is­sued by the Bank of Greece on Tues­day about the risk of more non­per­form­ing loans ac­cu­mu­lat­ing this year de­prived bank stocks of the mo­men­tum of other blue chips in yes­ter­day’s bourse ses­sion, with stocks show­ing once again a mixed pic­ture and trad­ing volume stay­ing at dis­ap­point­ingly low lev­els.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 569.16 points, adding 0.56 per­cent to Tues­day’s 566 points. The large-cap FTSE 25 in­dex ex­panded 0.30 per­cent to end at 1,532.34 points.

A late rally by Na­tional Bank at the clos­ing auc­tions saw it reap gains of 1.61 per­cent, lead­ing the banks in­dex to a 0.50 per­cent in­crease. Eurobank climbed 0.76 per­cent and Al­pha grabbed 0.58 per­cent, but Pi­raeus de­clined 1.34 per­cent.

The sig­nif­i­cant in­ter­est ex­pressed by four com­pa­nies in the ten­der for the sale of power grid op­er­a­tor ADMIE boosted the PPC stock by 6.64 per­cent. Vio­halco fol­lowed with a 4.62 per­cent in­crease and Aegean Air rose 3.79 per­cent. Metka lost 2.16 per­cent.

In to­tal 38 stocks reg­is­tered gains, 43 sus­tained losses and 16 re­mained un­changed.

Turnover was the low­est of the last seven ses­sions, amount­ing to just 25.3 mil­lion eu­ros, down from Tues­day’s 31.8 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change ad­vanced 0.12 per­cent to close at 66.28 points.

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