BUSINESS

ATHEX was in search of direction on Thursday

TAGS: Stocks

Greek stocks were left in search of direction on Thursday, as the market still anticipates some concrete news from the negotiations between the government and its creditors in Athens. Eventually the benchmark ended up in the green, bolstered by some buying interest in the closing auctions.

The Athens Exchange (ATHEX) general index closed at 554.50 points, adding just 0.07 percent to Wednesday’s 554.12 points. The large-cap FTSE 25 index expanded 0.64 percent to end at 150.93 points.

Piraeus Port Authority and Jumbo had the biggest growth among blue chips (2.20 percent and 2.13 percent respectively), while Lamda Development lost 3.27 percent and Mytilineos gave up 2.94 percent. Five out of the 25 large-caps closed without a change.

In total 44 stocks took gains, 41 posted losses and 25 stayed put.

Turnover amounted to 47.9 million euros, just below Wednesday’s 48 million.

In Nicosia the general index of the Cyprus Stock Exchange contracted 0.43 percent to close at 67.74 points.

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