ECONOMY

ATHEX keeps rising thanks to small-caps

The bullish sentiment continued on the Greek bourse for the fourth successive session, with OTE rebounding from Friday’s significant losses. The Athens Exchange (ATHEX) general index was up 0.40 percent, closing at 5,154.08 points yesterday from 5,133.31 points on Friday. The blue chip FTSE/ATHEX 20 index gained 0.56 percent, reaching 2,735.08 points. The mid-cap FTSE/ATHEX 40 index rose by 0.16 percent, while the small-cap FTSE/ATHEX 80 index grew by a considerable 1.42 percent. The FTSE/ATHEX International was up 0.55 percent to 7,267.26 points. OTE led blue chips with a 4.08 percent rise, ahead of Intralot (up 3.42 percent), Motor Oil (3.21 percent) and Marfin Popular Bank (3.01 percent). The biggest losses were for the shares of Coca-Cola HBC (down 2.53 percent) and Public Power Corporation (1.32 percent). All but three sectoral indices registered gains, with chemicals rising by 2.79 percent and commerce seeing gains of 2.58 percent. Food and drink dropped by 2.11 percent and utilities lost 1.09 percent. The insurance index remained unchanged. Turnover reached -393.79 million, of which -85.44 million concerned block trades. The Cypriot General Index rose by 0.60 percent to 5,011.50 points.