ATHEX: Fresh rise for majority of stocks

ATHEX: Fresh rise for majority of stocks

Greece’s new 10-year bond issue and the boost observed on foreign markets following statements that suggested the threat of a clash in Ukraine had diminished somewhat gave the Greek bourse an afternoon push that earned the benchmark some decent gains. Non-bank blue chips outperformed, but the overall momentum has very little in common with last week’s price leap.

The Athens Exchange (ATHEX) general index closed at 951.65 points, adding 0.74% to Tuesday’s 944.64 points. The large-cap FTSE-25 index expanded 0.68%, ending at 2,296.20 points.

The banks index improved 0.93%, as Eurobank increased 1.77%, National rose 1.48% and Piraeus grew 1.42%, while Alpha conceded 0.40%.

ADMIE Holdings jumped 4.19%, Jumbo soared 3.53%, Aegean Airlines collected 3.01% and Motor Oil climbed 2.68%, as GEK Terna gave up 0.61% and EYDAP parted with 0.37%.

In total 60 stocks registered gains, 49 sustained losses and 17 remained unchanged.

Turnover amounted to 63 million euros, down from Tuesday’s €64.3 million.

In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.09% to close at 69.14 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.