ATHEX: Dead heat for stocks in bourse
Stocks were evenly split between winners and losers at Wednesday’s session in the Greek bourse, though the benchmark recovered half of the ground it had lost on Tuesday, all in the context of the completion of Piraeus Bank’s share placement. This has absorbed a significant portion of the market’s liquidity, not only this week but also in the previous couple of weeks.
The Athens Exchange (ATHEX) general index closed at 1,433.04 points, adding 0.15% to Tuesday’s 1,430.94 points. The large-cap FTSE-25 index expanded 0.18%, ending at 3,474.79 points, though mid-caps contracted 0.01%.
The banks index was the clear winner of the day, rising 1.20%, as Eurobank grew 1.73%, Alpha grabbed 1.65%, National fetched 0.94% and Piraeus earned 0.24%.
Among the other blue chips, Terna Energy advanced 3.33% and GEK Terna collected 2.21%, while ElvalHalcor conceded 5.83%.
In total 53 stocks recorded gains, another 53 posted losses and 21 remained unchanged.
Turnover amounted to 118.1 million euros, down from Tuesday’s €123.1 million.
In Nicosia, the general index of the Cyprus Stock Exchange increased 0.93% to close at 147.37 points.
