STOCKS

ATHEX: Alpha plays central role in trading

athex-alpha-plays-central-role-in-trading

Through its incorporation into the MSCI Global Standard Index, Alpha Bank’s stock continued to dominate proceedings at the Greek bourse on Monday, as it accounted for about two-thirds of the day’s turnover and held the benchmark to near parity despite a decline for the majority of other stocks.

The Athens Exchange (ATHEX) general index closed at 873.87 points, shedding just 0.04% from Friday’s 874.25 points. The large-cap FTSE 25 index expanded 0.20% to end up at 2,114.97 points, though mid-caps contracted 0.82%.

The banks index advanced 1.16%, as Alpha rose 3.68%, Eurobank earned 0.63% and National edged up 0.30%, while Piraeus eased 0.70%.

Hellenic Exchanges increased 2.90% and OPAP gaming company augmented 1.77%, just as Hellenic Petroleum fell 2.51%, Athens Water (EYDAP) gave up 2.35%, Viohalco parted with 1.98% and Sarantis lost 1.79%.

In total 51 stocks enjoyed gains, 58 took losses and 17 remained unchanged.

Turnover amounted to €109.4 million, up from last Friday’s €79.5 million.

In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.28% to 65.10 points.