BUSINESS

ATHEX: Bourse benchmark rises 0.74 percent

TAGS: Stocks

Greek stocks had something of a rocky session at the start of the week as the morning satisfaction following the vote in Parliament on the key tax and social security bills was succeeded by concerns over the outcome of Monday’s Eurogroup. The positive signs from the Euro Working Group meeting eventually led to some gains for most stocks.

The Athens Exchange (ATHEX) general index closed at 610.07 points, adding 0.69 percent to Friday’s 605.61 points. The large-cap FTSE 25 index expanded 1.16 percent to end at 170.38 points, but the mid-caps index lost 0.21 percent.

Banks posted moderate gains, with National rising 3.16 percent, Eurobank advancing 2.94 percent, Alpha growing 2.36 percent and Piraeus expanding 0.37 percent. They were outshone by Public Power Corporation, which climbed 3.27 percent, while Jumbo decreased 1.83 percent and Viohalco shrank 0.74 percent.

In total 56 stocks secured gains, 43 reported losses and 15 ended unchanged.

Turnover came to 66.7 million euros, down from last Friday’s 79.3 million.

In Nicosia the general index of the Cyprus Stock Exchange contracted 0.77 percent to close at 66.80 points.

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