BUSINESS

ATHEX: Little action at local bourse

TAGS: Stocks

The Greek stock market was quiet on Tuesday as many chose to sit out the session, preferring instead to await the results of the US election. The majority of stocks made small gains on particularly low trading volume.

The Athens Exchange (ATHEX) general index closed at 582.20 points, adding 0.28 percent to Monday’s 580.57 points. The large-cap FTSE 25 index expanded 0.34 percent to 1,536.83 points.

Aegean Air led the blue chips, with 2.13 percent growth, ahead of Folli Follie (up 1.57 percent) and EYDAP (1.48 percent). Viohalco declined 1.56 percent, Grivalia Properties surrendered 1.10 percent and Piraeus Port Authority shrank 1.02 percent.

Banks had a mixed day, with Piraeus rising 0.68 percent and Eurobank shedding 0.77 percent.

In total, 46 stocks reported gains, 35 registered losses and 30 closed unchanged.

Turnover amounted to 24.9 million euros, down from Monday’s 40 million.

Foreign traders increased their share of the Greek market’s total capitalization for a fifth consecutive month, as in October they accounted for 62.7 percent, up from 61.8 percent at the end of September.

The general index of the Cyprus Stock Exchange in Nicosia decreased 0.63 percent to close at 66.27 points.

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