ATHEX: The best defense is a good offense

Tuesday’s helium grounds precocious of the main indexes connected Wall Street gave a propulsion to Greek stocks connected Wednesday, though the main crushed for the caller diminution – i.e. the governmental turmoil successful Paris – has not gone distant with the assignment of a caller premier curate successful France, arsenic astir different eurozone bourses realized. It would look then that traders are considering that the champion defence is simply a bully offense, keeping the benchmark well supra the 2,000-point mark.

The Athens Exchange (ATHEX) wide scale closed astatine 2,031.51 points, adding 0.84% to Tuesday’s 2,014.65 points. The large-cap FTSE-25 scale expanded 0.88%, ending astatine 5,116.48 points.

The banks scale precocious 1.44%, arsenic Eurobank jumped 3.51%, Optima earned 1.75%, National grew 1.17%, Piraeus grew 1.05%, Bank of Cyprus climbed 0.54% and Alpha grabbed 0.23%. Motor Oil improved 1.97% and GEK Terna added 1.81%.

In total 61 stocks obtained gains, 38 showed losses and 20 remained unchanged.

Turnover amounted to 199.3 cardinal euros, down from Tuesday’s €230.5 million.

In Nicosia the wide scale of the Cyprus Stock Exchange accrued 0.13% to 291.56 points.