BUSINESS

ATHEX: Mixed picture on quiet trade for local stocks

TAGS: Stocks

The public holidays in London and New York led to significantly slower trade at the start of the week at the Athens bourse, with blue chips sliding despite the majority of Greek stocks heading north.

The Athens Exchange (ATHEX) general index closed at 777.19 points, shedding 0.15 percent from Friday’s 778.35 points. The large-cap FTSE 25 index contracted 0.45 percent to 2,068.21 points, while mid-caps expanded 0.81 percent and small-caps grew 2.32 percent.

It was red all over for banks, whose index fell 2.23 percent: Piraeus Bank slumped 5.48 percent, Alpha dropped 1.84 percent, National gave up 1.56 percent and Eurobank decreased 1.15 percent.

GEK Terna rose 3.98 percent, PPC jumped 3.88 percent, METKA advanced 2.86 percent, Mytilineos ascended 2.46 percent and Jumbo improved 2.26 percent. Terna Energy fell 2.74 percent and OPAP conceded 1.23 percent.

In total 56 stocks reported gains, 46 took losses and 26 remained unchanged.

Turnover amounted to 38.2 million euros, down from last Friday’s 59 million.

The general index of the Cyprus Stock Exchange in Nicosia declined 0.43 percent to 77.09 points.

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