ECONOMY
ATHEX: Bourse ends week at new 13-year high

The Greek stock market had a day to remember on Friday, as both stock prices and turnover jumped and the main index reached a new 13-year high, climbing to a level unseen since April 2011. Most blue chips, including banks, which served as the market leaders, enjoyed significant gains, while mid-caps begged to differ. This has been the fourth consecutive week of rise for the benchmark.

The Athens Exchange (ATHEX) general index closed at 1,524.67 points, adding 1.18% to Thursday’s 1,506.83 points. On a weekly basis it improved 1.39%.

The large-cap FTSE-25 index expanded 1.49%, ending at 3,719.94 points, though mid-caps contracted 0.18%.

The banks index soared 2.95%, as Eurobank shone with a 4.53% rise, Alpha fetched 2.77%, Piraeus grew 2.47%, National augmented 2.08% and Optima earned 2.04%.

In total 57 stocks collected gains, 40 suffered losses and 27 remained unchanged.

Turnover was the highest of the last 15 sessions, amounting to 185.2 million euros, against Thursday’s €115.1 million.

In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.15% to close at 228.92 points.

Source: Ekathimerini.com

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