ECONOMY

Small gains on low turnover in Athens bourse

The Athens stock market reopened on Tuesday after a four-day break, making moderate gains on particularly low turnover as traders are expecting the results of Wednesday’s Euro Working Group meeting as well as the outcome of the prime minister’s visit to Moscow.

The Athens Exchange (ATHEX) general index ended at 777.47 points, adding 0.80 percent to Thursday’s 771.32 points.

The large-cap FTSE/ATHEX 25 index expanded 1.51 percent to close at 233.03 points, although mid-caps declined 0.23 percent.

Blue chips presented a mixed picture. The large-cap index was buoyed by the 7.35 percent rise of Coca-Cola HBC, the chip with the biggest capitalization. Meanwhile Terna Energy rose 6.13 percent and METKA climbed 6.12 percent, while on the losing side Folli Follie declined 2.94 percent and Piraeus Bank dropped 2.90 percent.

In total 60 stocks reported gains, 45 sustained losses and 18 remained unchanged.

Turnover was the second lowest for 2015, amounting to just 43.1 million euros, down from last Thursday’s 59.3 million.