ATHEX: Mild advance after recent buying spree

After the rally of the erstwhile days successful the stock market, prices edged slightly higher connected Thursday, arsenic traders showed little enthusiasm and much caution successful their purchases, while maintaining an optimistic take connected the geopolitical developments, with the imaginable of imperishable bid successful the Middle East and a diminution successful lipid rates. The archetypal 4th results play is well underway, affecting prices depending connected show arsenic galore bluish chips contented their reports, similar Coca-Cola HBC, Metlen, Eurobank and Titan Cement did connected Thursday.

The Athens Exchange (ATHEX) wide scale closed astatine 2,305.74 points, adding 0.26% to Wednesday’s 2,299.87 points. The large-cap FTSE-25 scale expanded 0.32%, ending astatine 5,860.71 points.

The banks scale precocious 0.61%, connected Optima jumping 3.47%, Bank of Cyprus rising 1.89%, Piraeus earning 0.93%, Eurobank grabbing 0.77% and Alpha improving 0.26%.

In total 56 stocks reported gains, 43 sustained losses and 25 remained unchanged.

Turnover amounted to €325.4 million, down from Wednesday’s €438.7 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange accrued 1.27% to 294.37 points.