ATHEX: Local index manages another rise

ATHEX: Local index manages another rise

The benchmark of the Greek stock market somehow avoided posting a loss on Tuesday, as a few blue chips managed to lift it out of the red and into the black for yet another day, taking it to a fresh 101-month high. Traders cashed in some recent gains, but investors’ appetite in a wide range of stocks, including mid-caps, turned things around for the market, with the majority of listed companies ending up with gains.

The Athens Exchange (ATHEX) general index closed at 1,093.97 points, adding 0.10% to Monday’s 1,092.91 points. The large-cap FTSE-25 index contracted 0.43% to end at 2,652.70 points.

Τhe banks index dropped 1.22%, as National sank 3.22%, Eurobank lost 1.88% and Alpha gave up 0.85%, though Piraeus augmented 3.21%.

Coca-Cola HBC jumped 4.39% and Piraeus Port rose 2.54%, while Ellaktor fell 2.33%.

In total 56 stocks posted gains, 52 reported losses and 19 remained unchanged.

Turnover amounted to 126.4 million euros, down from Monday’s €140.3 million.

In Nicosia, the general index of the Cyprus Stock Exchange increased 0.58% to close at 100.58 points. 

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