Thursday’s profit-taking at the Greek stock market followed six straight days of benchmark rise, but also recorded a considerably increased turnover, the highest of the last five sessions. The latest military activity in the Persian Gulf gave traders the pretext they needed to cash in on recent gains. Contrary to the pattern set by banks, with their index conceding almost 2.5%, Public Power Corporation advanced 4.67%, as its new shares are proving particularly attractive for investors.
The Euronext Athens (ATHEX) general index closed at 2,348.45 points, shedding 0.91% from Wednesday’s 2,370.04 points. The large-cap FTSE-25 index contracted 1.01%, ending at 5,959.19 points.
The banks index declined 2.47%, as Eurobank dropped 4.19%, Alpha conceded 2.80%, National Bank declined 2.65%, Optima diminished 1.31%, Piraeus Bank parted with 1.06% and Bank of Cyprus gave up 1%.
In total 48 stocks recorded gains, 59 sustained losses and 19 remained unchanged.
Turnover amounted to €436.9 million, up from Wednesday’s €344.4 million.
