Greek stocks head higher on FBI state­ment and reshuf­fle

Kathimerini English - - Focus -

The FBI’s an­nounce­ment that it had found noth­ing to in­crim­i­nate US pres­i­den­tial can­di­date Hil­lary Clin­ton in her emails buoyed stocks in­ter­na­tion­ally, while this, cou­pled with lo­cal traders’ mod­er­ate sat­is­fac­tion with Fri­day’s cab­i­net reshuf­fle, led to gains at Athi­non Av­enue yes­ter­day.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 580.57 points, adding 1.16 per­cent to Fri­day’s 573.92 points. The large-cap FTSE 25 in­dex rose 1.40 per­cent to 1,531.55 points.

The prospect of Greece’s in­clu­sion in the Euro­pean Cen­tral Bank’s bond­buy­ing pro­gram, as pre­sented by the prime min­is­ter on Sunday, boosted bank stocks, whose in­dex ad­vanced 3.96 per­cent. Pi­raeus Bank out­per­formed, ris­ing 6.47 per­cent, and Al­pha climbed 4.79 per­cent.

Among other large-caps, Jumbo grabbed 3.74 per­cent and Gri­valia Prop­er­ties grew 3.71 per­cent, as Coca-Cola fell 0.82 per­cent.

In to­tal, 53 stocks posted gains, 33 showed losses and 23 ended un­changed.

Turnover amounted to 40 mil­lion eu­ros, up from last Fri­day’s 26.2 mil­lion.

The gen­eral in­dex of the Cyprus Stock Ex­change in Ni­cosia in­creased 0.14 per­cent to close at 66.69 points.

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