Mid-caps steal show as in­dex keeps ris­ing

Kathimerini English - - Focus -

Mid-caps head­linedyes­ter­day’s bourse ses­sion at Athi­non Av­enue as the nor­mally less pop­u­lar part of the mar­ket is of­fer­ing ma­jor op­por­tu­ni­ties to the dis­cern­ing eye now that un­cer­tainty re­gard­ing ther Greek econ­omy has di­min­ished af­ter the agree­ment with the coun­try’s cred­i­tors. This has taken the bench­mark of the mar­ket to a new 25-month high.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 823.74 points, adding 0.47 per­cent to Fri­day’s 823.74 points. The large-cap FTSE-26 in­dex ex­panded 0.50 per­cent to 2,163.75 points, while mid-caps ad­vanced 2.45 per­cent and small-caps jumped 3.47 per­cent.

Banks also posted a healthy rise with their in­dex ascending 2.14 per­cent. Na­tional soared 3 per­cent, Pi­raeus climbed 2.79 per­cent and Al­pha rose 1.85 per­cent.

Else­where there was 8.97 per­cent growth for El­lak­tor and a 3.42 per­cent in­crease for Vio­halco, just as Hel­lenic Petroleum fell 2.77 per­cent and Mo­tor Oil was down 1.94 per­cent.

In to­tal 71 stocks reg­is­tered gains, 45 sus­tained losses and 18 re­mained un­changed.

Turnover is grad­u­ally drop­ping to sum­mer lev­els as it amounted to 53.4 million eu­ros, down from last Fri­day’s 73.8 million.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change de­clined 0.56 per­cent to 76.28 points.

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