STOCKS

ATHEX: Notable gains for majority of local stocks

athex-notable-gains-for-majority-of-local-stocks

Despite the jump in global bond yields, the Greek stock market secured notable gains on Thursday, with prices growing across the board and trading volume returning above the 60-million-euro mark thanks to some share package transactions.

The Athens Exchange (ATHEX) general index ended at 787.43 points, adding 1.63% to Wednesday’s 774.80 points. The large-cap FTSE 25 index expanded 1.91% to close at 1,875.02 points.

The banks index collected 2.25%, led by Alpha Bank, which improved 3.84%. Eurobank grabbed 2.04% and National fetched 1.61%, as Piraeus slipped 0.45%.

Fourlis outperformed increasing 4.88%, followed by Mytilinaios (up 3.23%), OPAP (2.75%), Sarantis (2.49%), Lamda Development (2.43%), Public Power Corporation (2.33%) and Piraeus Port Authority (2%), while Terna Energy gave up 2.74% and Ellaktor parted with 2.17%.

In total 65 stocks notched up gains, 32 took losses and 23 remained unchanged.

Turnover amounted to €68.9 million euros, up from Wednesday’s €55.1 million.

In Nicosia, the general index of the Cyprus Stock Exchange advanced 0.19% to 57.73 points.