Bourse index climbs higher for sixth day in a row
The Greek bourse’s main index posted a rise for the sixth session in a row on Wednesday even though there were signs of fatigue during the most recent day in what has been the longest run of gains in the last three months.
The Athens Exchange (ATHEX) general index ended at 873.25 points, expanding by 0.14 percent from Tuesday’s 872.03 points. The large-cap FTSE/ATHEX-25 index added 2.32 percent to end up at 303.76 points.
Investors have turned their attention to the likely favorable outcome of Thursday’s Eurogroup meeting following the announcement that the bond buyback project had been viewed as a relative success. This explains why most bank stocks headed south in Wednesday’s trade.
Intralot outperformed among the blue chips, adding 4.17 percent, while Bank of Cyprus gave up 3.56 percent.
In total 85 stocks went up, 69 took losses and 14 were unchanged.
Turnover came to 66.4 million euros, up from Tuesday’s 62.1 million.
