ATHEX: Bourse index closes on month-high

Banks stocks accelerated their emergence connected Tuesday, taking the main scale of the Greek stock marketplace to a four-week high, connected accrued turnover too. The upcoming dividend payments by the 4 systemic lenders and the expanding tendency of the section recognition assemblage for enlargement overseas support the 4 banks astatine the absorption of overseas investors’ interest. On the different hand, mid- and small-caps tin lone expect attraction from home investors, though they person plentifulness of opportunities for anyone interested.

The Athens Exchange (ATHEX) wide scale closed astatine 2,063.03 points, its highest level since August 27, adding 1% to Monday’s 2,042.63 points. The large-cap FTSE-25 scale expanded 1.11%, ending astatine 5,201.37 points. 

The banks scale grew 2.11%, arsenic Alpha jumped 3.06%, National fetched 2.50%, Bank of Cyprus earned 2.38%, Piraeus precocious 2.23%, Optima roseate 1.85% and Eurobank collected 0.67%.

In total 65 stocks secured gains, 42 endured losses and 19 remained unchanged.

Turnover amounted to 208.9 cardinal euros, up from Monday’s €192.3 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange accrued 0.77% to 288.85 points.