Fifth straight week of gains for the bourse

Kathimerini English - - Focus -

The main in­dex of the Greek stock ex­change posted yet an­other 28month high yes­ter­day, as in­vestors saw the ma­jor­ity of stocks in­crease in price and con­fi­dence, pre­sent­ing sig­nif­i­cant op­por­tu­ni­ties in the re­cently sta­bi­lized econ­omy in Greece. The bench­mark en­joyed small gains in spite of the drop of the banks in­dex, com­plet­ing the fifth con­sec­u­tive week of growth – a feat un­seen in the last four years.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 856.47 points, adding 0.34 per­cent to Thurs­day’s 853.54 points. On a weekly ba­sis it ex­panded 2.27 per­cent.

The large-cap FTSE-26 in­dex in­creased 0.21 per­cent to 2,223.55 points, while small-caps grew 1.53 per­cent. At­tica Bank fell 3.08 per­cent and Na­tional shrank 1.03 per­cent. Pi­raeus rose 0.78 per­cent.

The banks in­dex dropped just 0.16 per­cent, but week-on-week it ad­vanced 6.61 per­cent.

In to­tal 66 stocks showed gains, 47 took losses and 22 re­mained un­changed.

Turnover amounted to 66.2 mil­lion eu­ros, down from Thurs­day’s 114 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change re­bounded 0.85 per­cent to close at 75.77 points.

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