Athinon Avenue remained for a sixth consecutive session on the path of growth on Wednesday, with its benchmark climbing to highs not seen since early February, led by banks as well as several other blue chips.
This the first time in six months that ATHEX has made it six in a row. There appears to be a consensus that the worst is over regarding the conflict in the Middle East and the closure of the Strait of Hormuz, so that one way or another a solution will be found.
The Euronext Athens (ATHEX) general index closed at 2,370.04 points, adding 0.96% to Tuesday’s 2,347.55 points. The large-cap FTSE-25 index expanded 1.03%, ending at 6,019.82 points.
The banks index improved 1.85%, with National grabbing 2.44%, Alpha rising 2.34%, Bank of Cyprus collecting 1.99%, Piraeus climbing 1.69% and Eurobank augmenting 1.43%.
In total 71 stocks obtained gains, 42 reported losses and 13 remained unchanged.
