ATHEX: May ends with index rising 7.8%

May proved to beryllium a period of sizeable gains for astir Greek stocks and the bourse benchmark, which has added 7.83% since the extremity of April, contempt the notable diminution it posted connected Friday. This clip the section marketplace appeared to disregard the upward trajectory of different eurozone bourses and continued connected the profit-taking people it acceptable connected Thursday. This clip the closing auctions stole the show, when the scale rebalancing sent turnover soaring.

The Athens Exchange (ATHEX) wide scale closed astatine 1,831.17 points, shedding 1.50% from Thursday’s 1,859.13 points. On a weekly ground it expanded 1.98%.

The large-cap FTSE-25 scale contracted 1.79%, ending astatine 4,577.70 points, and the banks scale declined 2.42%, arsenic Alpha parted with 4.07%, Piraeus gave up 3.26%, National fell 1.87% and Eurobank eased 1.35%. OPAP dropped 4%, Sarantis shrank 3.87% and Ellaktor conceded 3.32%. 

In total 48 stocks made gains, 59 suffered losses and 11 remained unchanged.

Turnover amounted to 616.9 cardinal euros, down from Thursday’s €199.5 million.

In Nicosia the wide scale of the Cyprus Stock Exchange decreased 1.01% to adjacent astatine 244.71 points.