BUSINESS

ATHEX: Volatile day ends with minor gains

TAGS: Stocks

After a volatile trading session in Athens on Friday, the main index of the Greek stock market closed up slightly while the banks index ended in the red. Stocks were split between winners and losers as the market failed to sustain the growth momentum seen earlier in the week.

The Athens Exchange (ATHEX) general index ended at 763.56 points, adding 0.14 percent to Thursday’s 762.49 points. On a weekly basis it advanced 3.29 percent, ending a two-week streak of decline.

The large-cap FTSE-26 index expanded 0.44 percent to close at 2,012.42 points and mid-caps grew 1.78 percent.

Banks conceded 0.43 percent after a day of ups and downs, but compared to the previous Friday it rose 6.42 percent.

Piraeus Bank lost 1.20 percent, Eurobank gave up 0.70 percent and Alpha shrank 0.58 percent, while National Bank grabbed 0.35 percent.

Coca-Cola HBC increased 2.25 percent and Lamda Development rose 1.85 percent.

In total 47 stocks registered gains, 45 sustained losses and 19 remained unchanged.

Turnover amounted to 41.9 million euros, up from 37.3 million euros on Thursday.

In Nicosia the general index of the Cyprus Stock Exchange improved 0.05 percent to 74.17 points.

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