ECONOMY

ATHEX: Stock traders appeared to be distracted

ATHEX: Stock traders appeared to be distracted

The downbeat mood across European markets and the shift of the market’s attention to the re-issue of the sovereign 15-year bond on Wednesday put the local market on stand-by and the majority of stocks on a slightly downward course in anticipation of developments on the health and geopolitical fronts. The benchmark narrowly failed to hold on to the 620-point level.

The Athens Exchange (ATHEX) general index ended at 619.98 points, shedding 0.53% from Tuesday’s 623.27 points. The large-cap FTSE 25 index contracted 0.54% to close at 1,462.50 points.

The banks index eased 0.79%, as Piraeus fell 1.91%, National lost 1.72% and Eurobank parted with 1.23%, while Alpha improved 0.97%.

Ellaktor outperformed with a 4.97% jump. Motor Oil gave up 2.17%, Fourlis Holdings conceded 2%, OTE telecom decreased 1.71% and Viohalco dropped 1.23%.

In total 38 stocks recorded gains, 59 reported losses and 17 stayed put.

Turnover amounted to 31 million euros, slightly lower than Tuesday’s €31.3 million.

In Nicosia, the general index of the Cyprus Stock Exchange increased 0.51% to 43.52 points.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.