ATHEX: Benchmark heads north on bank gains

3 days ago 11
 Benchmark heads northbound  connected  slope  gains

Greece’s 4 systemic banks managed to rise the section bourse benchmark, arsenic their maturation sufficed to support the marketplace successful affirmative territory connected Monday. The very affirmative outlook of the Greek recognition assemblage continues to snatch the attraction of investors, fixed besides the travel of favorable reports by overseas firms connected the steam motor of Athinon Avenue, adjacent if Moody’s refrained from a further recognition standing upgrade for Greece precocious past Friday.

The Athens Exchange (ATHEX) wide scale closed astatine 2,042.63 points, adding 0.60% to Friday’s 2,030.46 points. The large-cap FTSE-25 scale expanded 0.62%, ending astatine 5,144.33 points.

The banks scale roseate 1.75%, arsenic Piraeus earned 2.78%, National jumped 2.52%, Alpha grew 2.17% and Eurobank collected 1.38%, while Optima gave up 2.17% and Bank of Cyprus eased 1.82%. PPC precocious 1.21% and Motor Oil conceded 1.83%.

In total 49 stocks boasted gains, 50 posted losses and 25 remained unchanged.

Turnover amounted to 192.3 cardinal euros, up from past Friday’s €182.9 million.

In Nicosia the wide scale of the Cyprus Stock Exchange decreased 0.94% to adjacent astatine 286.63 points. 

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