ECONOMY

ATHEX July gains come to 17.27 pct

The decline posted in the month’s last bourse session yesterday was not enough to wipe out the gains registered in previous days. The Athens Exchange (ATHEX) general index ended at 1,681.98 points, shrinking 1.55 percent from Thursday’s close at 1,708.38 points. The blue chip FTSE/ATHEX 20 index contracted 2.32 percent to end up at 826.85 points. Mid-caps, however, had another day of growth with their FTSE/ATHEX 40 index climbing 0.27 percent. The week closed with gains of 5.75 percent. Monthly gains of a considerable 17.27 percent were registered for July. Motor Oil outperformed other blue chips with a rise of 2.44 percent, followed by Marfin Investment Group (1.71 percent) and Ellaktor (1.18 percent). Eurobank EFG led the losers (down 4.22 percent), while Bank of Cyprus declined by 3.96 percent. Marfin Popular Bank went down 3.72 percent. A total of 76 stocks moved up, led by Klonatex preferred shares, which rose by 17.32 percent, 94 went down, as Maritime of Lesvos contracted by 12.50 percent, and 42 remained unchanged. Turnover came to just 90.2 million euros, down from 129.9 million in the previous session.

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