A few blue chips keep in­dex afloat

Kathimerini English - - Focus -

Banks and the ma­jor­ity of stocks ended the ses­sion yes­ter­day with losses, but the bench­mark man­aged to close vir­tu­ally un­changed thanks to sup­port from a hand­ful of blue chips.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 640.67 points, shed­ding just 0.01 per­cent from Wed­nes­day’s 640.75 points. The large-cap FTSE-25 in­dex ex­panded 0.69 per­cent to 1,680.95 points, but the small-cap in­dex fell 1.26 per­cent.

The banks in­dex de­clined 1.68 per­cent, as Al­pha gave up 3.46 per­cent, Eurobank lost 1.96 per­cent and At­tica shrank 0.98 per­cent, while Pi­raeus in­creased 3.13 per­cent and Na­tional rose 0.77 per­cent. These two banks, along with Coca-Cola HBC (up 4.84 per­cent af­ter re­port­ing a 1.2 per­cent yearly rise in profit in Ja­nu­raySeptem­ber) and Mo­tor Oil (up 1.47 per­cent), kept the main in­dex afloat, given their high cap­i­tal­iza­tion.

Losers in­cluded GEK Terna and Pub­lic Power Cor­po­ra­tion (both down 2.31 per­cent), Hel­lenic Petroleum (2 per­cent) and Jumbo (1.96 per­cent).

In to­tal 37 stocks recorded gains, 58 suf­fered losses and 32 ended un­changed. Turnover amounted to 32.8 mil­lion eu­ros, just be­low Wed­nes­day’s 32.9 mil­lion.

In Ni­cosia the Cyprus Stock Ex­change gen­eral in­dex re­bounded 0.42 per­cent to close at 67.40 points.

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