BUSINESS

ATHEX: Stock week ends with small gains

TAGS: Stocks

Stocks at Athinon Avenue headed higher on Friday after another quiet session, with traders harboring little hope of any significant shifts in the rating reports by Standard & Poor’s and DBRS, due late on Friday. Pressure is set to resume in the new week, unless there is a dramatic deterioration in public health situation across the country.

The Athens Exchange (ATHEX) general index ended at 612.32 points, adding 0.56% to Thursday’s 608.90 points. On a weekly basis it declined 1.27%.

The large-cap FTSE 25 index contracted 1.82% to close at 1,435.89 points.

The banks index earned 0.42%, with Piraeus advancing 0.85%, National grabbing 0.41%, Alpha collecting 0.40% and Eurobank improving 0.31%.

Coca-Cola rose 1.92%, Mytilineos climbed 1.88%, OTE telecom increased 1.80% and Viohalco grew 1.50%, while Jumbo fell 2.44% and Fourlis Holdings gave up 1.59%.

In total 55 stocks boasted gains, 33 endured losses and 19 remained unchanged.

Turnover amounted to 33.5 million euros, down from Thursday’s €46.5 million.

In Nicosia, the general index of the Cyprus Stock Exchange stayed put at 43.20 points.

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