BUSINESS

ATHEX: Local stocks shed 0.11 pct on day of thin trading

TAGS: Stocks

Greek stocks presented a mixed picture on Monday, with trading volume remaining at very low levels – something which is not expected to change as long as the negotiations between Athens and the country’s creditors remain inconclusive.

The Athens Exchange (ATHEX) general index closed at 560.97 points, shedding 0.11 percent from Friday’s 561.61 points. The large-cap FTSE 25 index contracted 0.14 percent to end at 152.96 points, but the banks index climbed 0.22 percent.

Investors expressed their approval of the Piraeus Port Authority deal signed with Cosco, with the former adding 4.72 percent. Ellaktor grew 1.71 percent, while Lamda Development fell 2.27 percent, Piraeus Bank gave up 1.91 percent and Aegean Air dropped 1.75 percent.

Notably, mid-cap Attica Bank soared an impressive 27.08 percent, helping the mid-cap index advance 3.79 percent.

In total 46 stocks headed north, 48 moved south and 19 stayed put.

Turnover amounted to 40.6 million euros, down from last Friday’s 44.7 million.

In Nicosia the general index of the Cyprus Stock Exchange conceded 0.88 percent to close at 67.32 points.

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