STOCKS

ATHEX: Piraeus Bank recovers, but index doesn’t

athex-piraeus-bank-recovers-but-index-doesn-t

Another balanced session on the Greek bourse saw the benchmark close virtually unchanged on Tuesday, as Piraeus Bank’s rebound and the rise of the majority of mid-caps was offset by the decline of other blue chips amid significant package transactions.

The Athens Exchange (ATHEX) general index ended at 831.86 points, shedding just 0.02% from Monday’s 832.06 points. The large-cap FTSE 25 index contracted 0.25% to close at 1,997.52 points, though mid-caps expanded 0.54%.

The banks index declined 0.52%, with Piraeus rebounding 12.38%, National dropping 1.43%, Alpha parting with 0.88% and Eurobank easing 0.58%.

Viohalco jumped 8.07%, Aegean grew 4.54% and Ellaktor grabbed 3.45%, just as Jumbo slumped 2.40%, Hellenic Petroleum fell 1.47%, Fourlis Holdings sank 1.38%, Motor Oil lost 1.34% and Public Power Corporation ended 1.15% lower.

In total 46 stocks enjoyed gains, 57 suffered losses and 21 remained unchanged.

Turnover amounted to €161.2 million, up from Monday’s €72.9 million.

In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.20% to close at 59.42 points.