Record low turnover at start of year

Kathimerini English - - Focus -

The Greek bourse be­gan the new year yes­ter­day with the low­est daily trad­ing vol­ume in al­most fourand-a-half years: It nar­rowly man­aged to clear the 10-mil­lion-euro level on a day that was a bank hol­i­day for many coun­tries while the vast ma­jor­ity of stores in Greece were also closed. Still, most stocks posted mod­er­ate gains, with buy­ing in­ter­est fo­cused on the shares of banks and in­dus­trial firms.

The Athens Ex­change (ATHEX) gen­eral in­dex closed yes­ter­day at 646.61 points, adding 0.46 per­cent to Fri­day’s 643.64 points. The large­cap FTSE 25 in­dex ex­panded 0.23 per­cent to close at 1,744.94 points.

The banks in­dex ad­vanced 1.01 per­cent, with mid-cap At­tica Bank stag­ing an impressive re­cov­ery of 27.59 per­cent. Na­tional grew 2.02 per­cent, Pi­raeus grabbed 1.44 per­cent and Eurobank im­proved 1.09 per­cent.

Vio­halco was the best per­form­ing blue chip, in­creas­ing 4.80 per­cent, with Mo­tor Oil fol­low­ing with a rise of 2.21 per­cent, while Hel­lenic Ex­changes dropped 1.23 per­cent and Coca-Cola HBC fell 0.92 per­cent.

In to­tal 54 stocks regis­tered gains, 38 re­ported losses and 13 re­mained un­changed.

Turnover amounted to 10.4 mil­lion eu­ros, down from Fri­day’s 30.3 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change de­clined 0.60 per­cent to close at 66.01 points.

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