ATHEX: Bourse Climbs Further Hoping for the Best

ATHEX: Bourse Climbs Further Hoping for the Best

The benchmark of the Greek bourse climbed to a new 26-month high on Wednesday with considerable gains for most stocks, as the market appears to be pursuing self-feeding growth that will lead it to higher ground, given that there is hardly any substantial news to boost investor sentiment.
The Athens Exchange (ATHEX) general index closed at 841.34 points, adding 1.87 percent to Tuesday’s 825.89 points. The large-cap FTSE-26 index expanded 1.61 percent to 2,188.50 points.
Helped by reports of the upcoming sale of banks’ subsidiaries and assets, the sector’s index posted healthy growth of 2.80 percent, with Piraeus rising 3.62 percent, Eurobank advancing 2.99 percent, National ascending 2.91 percent and Alpha improving 2.29 percent.
Public Power Corporation outperformed with its 5.45 percent rise, followed by Lamda Development (up 4.25 percent).
In total 92 stocks reported gains, 23 registered losses and 23 remained unchanged.
 
Ekathimerini
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.