ECONOMY

ATHEX: Stock market posts gains on blue chips

athex-stock-market-posts-gains-on-blue-chips

The Greek bourse followed on Tuesday in the footsteps left by major foreign markets over the last couple of days, taking its benchmark just over the 760-point mark, though banks had less to do with that growth than other blue chips. Turnover saw a marked improvement too.

The Athens Exchange (ATHEX) general index ended at 760.59 points, adding 1.45% to Monday’s 749.73 points. The large-cap FTSE 25 index expanded 1.65% to close at 1,811.61 points.

The banks index improved 0.71%, as Eurobank grew 1.82% and National increased 1.37%, while Piraeus dropped 2.81% and Alpha eased 0.48%.

Aegean Air soared 6.75%, OPAP ascended 3.80%, OTE telecom grabbed 3.76%, Piraeus Port Authority collected 3.22%, Mytilineos rose 2.64%, Hellenic Exchanges earned 2.56% and GEK Terna climbed 2.23%.

In total 71 stocks enjoyed gains, 33 sustained losses and 19 remained unchanged.

Turnover amounted to 68.9 million euros, up from Monday’s €44.4 million.

In Nicosia, the general index of the Cyprus Stock Exchange advanced 1.10% for a second day in a row to close at 56.82 points.