ATHEX: Measured profit taking at the bourse

The Greek stock market had a mixed session on the first day of November, as its blue chips mostly bucked the trend set by the majority of European bourses for a strong start to the month; however, mid-caps ensured that the balance between winners and losers ended up to favor the former in the face of some notable profit-taking for the stocks that had enjoyed significant gains in the last couple of weeks.

The Athens Exchange (ATHEX) general index closed at 868.25 points, shedding 0.69% from Monday’s 874.27 points. The large-cap FTSE-25 index contracted 0.70%, to end at 2,106.29 points, though mid-caps expanded 0.13%.

The banks index declined 0.56%, on Alpha falling 1.86%, National giving up 1.20% and Piraeus easing 0.64%, while Eurobank improved 1%.

HelleniQ Energy fell 5.64%, Ellaktor conceded 3.57% and Lamda Development parted with 2.77%.

In total 52 stocks posted gains, 49 took losses and 20 remained unchanged.

Turnover amounted to 52.1 million euros, down from Monday’s €75 million.

In Nicosia, the general index of the Cyprus Stock Exchange increased 0.29% to close at 76.83 points.