BUSINESS

ATHEX: Main index goes up 0.05 percent

TAGS: Stocks

The Greek bourse began the week with mixed results at the end of the session as investors await the resumption of the bailout review. Stocks were split between winners and losers, but the benchmark was up at the close, having recovered all the day’s losses in the closing auctions.

The Athens Exchange (ATHEX) general index ended at 640.38 points, adding 0.05 percent to Friday’s 640.09 points. The large-cap FTSE 25 index expanded 0.10 percent to close at 1,741.24 points, while small-caps fell 0.46 percent.

Banks also presented a mixed picture, with their index slipping 0.01 percent: Alpha fell 2.04 percent and National gave up 1.21 percent as Piraeus jumped 3.60 percent and Eurobank climbed 2.01 percent.

OTE telecom improved 2.56 percent, benefitting greatly from the closing auctions, and Public Power Corporation conceded 2.30 percent. Toy and homeware retailer Jumbo advanced 1.12 percent to register a new all-time high of 14.46 euros, while Motor Oil stayed put at its eight-year high of 12.30 euros.

In total 42 stocks recorded gains, 44 sustained losses and 22 remained unchanged.

Turnover was the lowest of the last 19 sessions, amounting to 37.4 million euros, down from Friday’s 50.6 million.

In Nicosia the general index of the Cyprus Stock Exchange declined 0.86 percent to close at 63.36 points.

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