Slight uptick for lo­cal stocks

Kathimerini English - - Focus -

Dur­ing the course of yes­ter­day’s trad­ing ses­sion in Athens it ap­peared that Greek stocks might stage a re­cov­ery after the bench­mark’s down­ward spi­ral of re­cent days, but the rise proved unsustainable as the main in­dex closed with just a frac­tion of the gains it had posted ear­lier in the day and trad­ing vol­ume left a lot to be de­sired.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 720.18 points, adding 0.38 per­cent to Mon­day’s seven-month low of 717.47 points. The large-cap FTSE-26 in­dex grew 0.23 per­cent to close at 1,878.64 points.

The banks in­dex re­cov­ered just 0.64 per­cent after hit­ting a 12-month low the day be­fore. Al­pha ad­vanced 2.08 per­cent, At­tica was up 2 per­cent, Pi­raeus rose 1.87 per­cent, Na­tional stayed put and Eurobank con­ceded 2.06 per­cent.

Pub­lic Power Cor­po­ra­tion out­per­formed, up 2.58 per­cent, and Saran­tis grew 2.51 after its in­clu­sion in the MSCI Global Small Cap in­dex. El­lak­tor fell 1.95 per­cent.

In to­tal 50 stocks in­creased, 42 de­creased and 23 closed un­changed. Turnover came to 44.6 mil­lion eu­ros, down from 54 mil­lion on Mon­day.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change rose 0.20 per­cent to 72.20 points.

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