Quiet end to a week of gains on the bourse

Kathimerini English - - Focus -

The an­tic­i­pa­tion of the start of talks be­tween the gov­ern­ment and the coun­try’s cred­i­tors next week, as well as the long week­end – that saw many traders cut their week short – re­sulted in a par­tic­u­larly quiet ses­sion on the lo­cal stock mar­ket yes­ter­day, with a mixed pic­ture dom­i­nated by slid­ing banks and ris­ing small-caps.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 645.37 points, shed­ding 0.64 per­cent from Thurs­day’s 649.52 points. On a weekly ba­sis it ex­panded 0.92 per­cent.

The large-cap FTSE 25 in­dex con­tracted 0.82 per­cent to end at 1,727.41 points, but small-caps posted a re­mark­able 2.61 per­cent in­crease.

The banks in­dex sur­ren­dered 2.22 per­cent, with Alpha giv­ing up 3.43 per­cent, Pi­raeus drop­ping 2.19 per­cent and Na­tional con­ced­ing 1.24 per­cent. PPC ad­vanced 1.87 per­cent as Saran­tis de­creased 2.82 per­cent and OPAP fell 2 per­cent.

In to­tal 54 stocks showed gains, 52 recorded losses and 42 re­mained un­changed.

Turnover amounted to just 25.6 mil­lion eu­ros, down from Thurs­day’s 35.7 mil­lion.

The gen­eral in­dex of the Cyprus Stock Ex­change in Ni­cosia de­clined 0.09 per­cent to close at 66.36 points.

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