STOCKS

ATHEX: Stocks edge higher on low turnover

ATHEX: Stocks edge higher on  low turnover

After another session of ups and downs within a narrow range, the benchmark of the Greek stock market posted minor gains on Monday as it began its third consecutive week below the 900-point mark. The presentation of the first draft budget did help bank stocks up to a certain extent, as their index outperformed.

The Athens Exchange (ATHEX) general index closed at 871.88 points, adding just 0.09% to Friday’s 871.06 points. The large-cap FTSE 25 index expanded 0.10% to end at 2,110.86 points.

The banks index improved 1.18%, as National advanced 2.21%, Alpha earned 1.17%, Piraeus fetched 0.87% and Eurobank collected 0.61%.

There was notable decline for ADMIE Holdings (down 2.52%), Jumbo (2.31%) and Hellenic Petroleum (1.75%), while Terna Energy collected 1.95% and Public Power Corporation augmented 1.76%.

In total 61 stocks posted gains, 54 suffered losses and 15 remained unchanged.

Turnover was the lowest of the last 19 sessions, amounting to 41.7 million euros, down from last Friday’s €50.8 million.

In Nicosia, the general index of the Cyprus Stock Exchange increased 0.30% to close at 67.29 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.