ECONOMY

Index clears 840 points in sparse trade

The prevailing holiday mood among investors saw the Athens bourse register its second-lowest daily turnover of the year on Monday, but that did not stop the benchmark from adding to last week’s gains to move above the 840-point level.

The Athens Exchange (ATHEX) general index closed yesterday at 842.16 points, expanding by 0.62 percent from Friday’s 836.98 points. The large-cap FTSE/ATHEX 25 index grew by 0.75 percent to end at 285.83 points.

The local bourse was in line with the majority of the main European markets, which lacked direction at the start of the week. If anything, it showed it has not been affected by the news about the country’s debt growing to more than 160 percent of gross domestic product.

Blue chips posted a mixed picture, with METKA expanding by 4.98 percent, Public Power Corporation growing 2.99 percent, Folli-Follie adding 2.73 percent and Intralot rising 2.67 percent.

On the losing side OPAP shrank by 2.49 percent and Alpha Bank fell 2.22 percent.

In total, 61 stocks registered gains, 52 reported losses and 20 remained unchanged.

Turnover amounted to 28.2 million euros, down from last Friday’s 45.7 million.