ATHEX: Monthly rise of 1.45% on Athinon Avenue
The placement of a 10% in National Bank of Greece dominated the interest of traders and outshone the bourse session on Monday. Therefore sellers increasingly played without an opponent at Athinon Avenue at the start of the week, with the benchmark losing a significant portion of its gains registered last week. Even so, September closed with monthly gains of 1.45%.
The Athens Exchange (ATHEX) general index closed at 1,451.90 points, shedding 1.14% from Friday’s 1,468.70 points. The large-cap FTSE-25 index contracted 1.41%, ending at 3,527.48 points.
The banks index fell 2%, as Piraeus parted with 2.65%, Alpha declined 2.20%, National gave up 2.14% and Eurobank conceded 1.53%. Among the other blue chips, OTE telecom fell 3.67%, Jumbo dropped 2.28%, ElvalHalcor eased 2.19% and Public Power Corporation shrank 1.63%, while Titan Cement earned 0.85%.
In total 31 stocks secured gains, 70 endured losses and 22 remained unchanged.
Turnover amounted to 135.1 million euros, up from last Friday’s €126.7 million.
In Nicosia, the general index of the Cyprus Stock Exchange increased 0.53% to close at 192.04 points.
