Bench­mark edges higher

Kathimerini English - - Focus -

The Greek bourse had al­ready priced in the is­sue of a five-year bond, so there was lit­tle reaction on the part of in­vestors yes­ter­day. A brief uptick in trade dur­ing the clos­ing auc­tions proved enough to push the bench­mark into pos­i­tive ter­ri­tory and re­verse losses for the banks in­dex.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 849.07 points, adding 0.37 per­cent to Fri­day’s 845.97 points. The large-cap FTSE-26 in­dex ex­panded 0.27 per­cent to 2,200.07 points, while mid-caps con­tracted 0.40 per­cent.

The banks in­dex closed up 0.16 per­cent on Al­pha’s 0.89 per­cent growth and a 0.38 per­cent ad­vance by Pi­raeus. Eurobank lost 0.99 per­cent and At­tica con­tracted 1.71 per­cent.

Among other blue chips Vio­halco (up 3.83 per­cent), Mo­tor Oil (2.52 per­cent) and Ti­tan Ce­ment (2.24 per­cent) out­per­formed, while OPAP gam­ing com­pany gave up 0.98 per­cent.

In to­tal 55 stocks posted gains, 47 took losses and 26 were un­changed.

Turnover amounted to 60.3 mil­lion eu­ros, down from last Fri­day’s 69 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change de­clined 0.71 per­cent to close at 75.45 points.

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