ATHEX: Rebound for bourse after Tuesday drop

2 weeks ago 22
 Rebound for bourse aft  Tuesday drop

The Greek bourse’s benchmark came disconnected Tuesday’s three-and-a-half-month lows connected Wednesday to amusement a important rebound, adjacent if that was connected the lowest turnover of the past 9 sessions. The day’s gains snapped a five-day losing streak, led by non-banking stocks. Thursday will spot third-quarter results publications by a fig of bluish chips, while Friday is the time of the Fitch Ratings study connected the Greek recognition rating.

The Athens Exchange (ATHEX) wide scale closed astatine 1,384.60 points, adding 1.31% to Tuesday’s 1,371.04 points. The large-cap FTSE-25 scale expanded 1.42%, ending astatine 3,360.79 points.

The banks scale earned 1.64%, arsenic Piraeus jumped 2.69%, National grew 1.98%, Alpha added 1.17% and Eurobank climbed 0.96%. Titan Cement soared 4.41%, Cenergy Holdings leapt 3.31%, Aegean Airlines collected 2.22% and OTE telecom precocious 2.19%.

In total 78 stocks secured gains, 19 endured losses and 17 remained unchanged.

Turnover amounted to 99.2 cardinal euros, down from Tuesday’s €158.9 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange decreased 0.49% to adjacent astatine 200.86 points. 

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