Small gains on bourse ahead of IMF meet

Kathimerini English - - Focus -

Ap­par­ently still in hol­i­day mode, the Greek stock mar­ket had a mixed per­for­mance yes­ter­day, with very thin trad­ing, mi­nor gains for the bench­mark, ro­bust growth for banks and a high num­ber of losers – al­most on a par with gain­ers. Traders ap­pear re­served ahead of de­ci­sions on Greece ex­pected from the In­ter­na­tional Mone­tary Fund.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 678.96 points, ad­ding 0.25 per­cent to Tues­day’s 677.30 points. The large-cap FTSE 25 in­dex ex­panded 0.41 per­cent to 1,813.68 points.

The banks in­dex ad­vanced 2.18 per­cent, driven higher by Eurobank (up 3.52 per­cent) and Al­pha (2.34 per­cent).

FTSE 25 stocks had lit­tle ac­tion among non-bank sec­tors, with Aegean Air ris­ing 1.28 per­cent and Gri­valia Prop­er­ties im­proved 0.98 per­cent, while Mo­tor Oil gave up 2.50 per­cent, El­lak­tor sur­ren­dered 1.44 per­cent and Hel­lenic Ex­changes dropped 1.42 per­cent.

In to­tal 48 stocks notched up gains, 47 reg­is­tered losses and 21 re­mained un­changed.

Turnover amounted to 30.5 mil­lion eu­ros, up from Tues­day’s 22 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change de­clined 0.56 per­cent to 69.33 points.

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