ATHEX: Banks and tech stocks boost index

[InTime News]

Blue chips boosted the Greek stock marketplace connected Thursday, with banks and technology stocks securing important gains, contempt the diminution successful trading volume. This was successful enactment with the historical highs that New York indexes S&P 500 and Nasdaq posted the erstwhile day. However, there is nary denotation the section marketplace will cease yo-yoing, arsenic 1 day’s emergence appears to beryllium the adjacent day’s drop, astatine slightest arsenic agelong arsenic the struggle persists successful the Middle East.

The Athens Exchange (ATHEX) wide scale closed astatine 2,298.84 points, adding 1.38% to Wednesday’s 2,267.45 points. The large-cap FTSE-25 scale expanded 1.47%, ending astatine 5,834.33 points.

The banks scale precocious 2.77%, with Eurobank surging 5.48%, Alpha rising 4%, Piraeus improving 2.71%, National grabbing 1.67% and Optima collecting 1.21%, while Bank of Cyprus declined 1.69%.

In total 69 stocks reported gains, 41 sustained losses and 13 remained unchanged.

Turnover was the lowest of the past two weeks, amounting to €187.4 million, down from Wednesday’s €254.4 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange decreased 0.75% to adjacent astatine 288.87 points.