Re­ports lead to small re­cov­ery

Kathimerini English - - Focus -

The bench­mark of the Greek bourse re­gained some much needed ground on the first day of Au­gust, fol­low­ing a few ses­sions when sellers had the up­per hand. It was helped by re­ports on eco­nomic sen­ti­ment in Greece and from Mor­gan Stan­ley. Still, the re­cov­ery was con­tained dur­ing the clos­ing auc­tions.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 817.74 points, adding 0.68 per­cent to Mon­day’s 812.21 points. The large-cap FTSE-26 in­dex ex­panded 0.83 per­cent to 2,133.21 points.

The banks in­dex jumped 2.69 per­cent, with Na­tional climb­ing 5.26 per­cent and Eurobank ad­vanc­ing 3.24 per­cent.

The stock of Pi­raeus Bank will be trad­ing again to­mor­row, after the 20-for-one re­verse split. The nom­i­nal value of each of the 436,659,164 new shares will be 6 eu­ros.

In to­tal 63 stocks reg­is­tered gains, 26 posted losses and 26 ended un­changed.

Turnover amounted to 57.4 mil­lion eu­ros, up from Mon­day’s 55 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change also rose 0.68 per­cent, to close at 76.97 points.

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