ATHEX: Stock index rises for fifth straight day

ATHEX: Stock index rises for fifth straight day

Tuesday’s mixed session on the bourse showed a lack of clear direction in the market, with banks heading lower, mid-caps closing higher and the benchmark as well as the blue chip index ending up practically unchanged. That sufficed to make it five days in a row for the benchmark’s growth, a performance not seen in three months at Athinon Avenue.

The Athens Exchange (ATHEX) general index closed at 1,451.22 points, adding just 0.02% to Monday’s 1,450.92 points. The large-cap FTSE-25 index contracted 0.12%, ending at 3,535.88 points, though mid-caps expanded 0.70%.

The banks index declined 1.06%, with National falling 1.62%, Piraeus easing 1.07%, Eurobank dropping 0.99% and Alpha giving up 0.45%.

Public Power Corporation earned 2.72%, OPAP advanced 2.67% and GEK Terna grew 2.14%, while Autohellas shied 1.34% and Motor Oil parted with 1.20%.

In total 47 stocks secured gains, 53 endured losses and 19 remained unchanged.

Turnover amounted to 108.1 million euros, down from Monday’s €113.9 million.

In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.15% to close at 161.92 points.

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