ATHEX: February ends with stock gains of 3.77%

Boosted by the affirmative results for past year, slope stocks took their scale to a caller nine-year precocious connected Friday and helped the benchmark of Athinon Avenue rebound contempt the diminution recorded by astir different stocks connected the day. This brought an extremity to different period of gains, amounting to 3.77%, making it 4 months of gains successful a row. Daily turnover soared connected the upcoming MSCI scale rebalancing.

The Athens Exchange (ATHEX) wide scale closed astatine 1,607.78 points, adding 0.62% to Thursday’s 1,597.85 points. On a weekly ground it declined 0.64%, snapping its nine-week maturation streak. 

The large-cap FTSE-25 scale expanded 0.80%, ending astatine 3,942.39 points, though mid-caps contracted 0.06%.

The banks scale improved 2.07%, arsenic Alpha jumped 5.84%, National earned 3.53%, Optima fetched 1.27% and Eurobank roseate 0.12%, while Piraeus parted with 0.59%.

In total 45 stocks registered gains, 50 sustained losses and 26 remained unchanged.

Turnover amounted to 385.1 cardinal euros, up from Thursday’s €155.5 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange accrued 0.22% to adjacent astatine 227.94 points.