ATHEX: Bourse grabs almost 2% this week

The Greek bourse ended the week connected a precocious with important gains for the vast bulk of stocks crossed the committee thanks to selective moves by traders that besides took the regular turnover higher. This was the third consecutive league of maturation for the benchmark astatine Athinon Avenue, adding to the week’s summation of astir 2%. Even so, the marketplace is still searching for a important medium-term catalyst that would assistance it determination to higher levels again aft a spectacular summer.

The Athens Exchange (ATHEX) wide scale closed astatine 2,062.73 points, adding 1.10% to Thursday’s 2,031.51 points. On a weekly ground it improved 1.96%.

The large-cap FTSE-25 scale expanded 1.18%, ending astatine 5,197.24 points and the banks scale precocious 1.41%, arsenic Bank of Cyprus roseate 3.48%, Piraeus grabbed 1.81%, Alpha fetched 1.41%, Eurobank obtained 1.36% and National earned 0.94%.

In total 84 stocks enjoyed gains, 27 suffered losses and 11 remained unchanged.

Turnover amounted to 218.3 cardinal euros, up from Thursday’s €197.1 million.

In Nicosia the wide scale of the Cyprus Stock Exchange decreased 0.19% to adjacent astatine 291.00 points.