May ended at the Greek stock market on Friday with monthly gains of 8.41%, as the final session of the month stood out for its moderate growth and the considerable jump in turnover owing to the index rebalancing. The main index climbed to a four-month high, on the optimism the conflict in the Middle East will not spiral out of control again and oil rates will slowly revert to normal with the Strait of Hormuz gradually reopening.
The Euronext Athens (ATHEX) general index closed at 2,372.70 points, adding 1.03% to Thursday’s 2,348.45 points. On a weekly basis it advanced 4.45%.
The large-cap FTSE-25 index expanded 1.09%, ending at 6,024.10 points and the banks index surged 2.35%, as Eurobank jumped 5,03%, Alpha grew 3.44%, Piraeus collected 2.19%, Optima earned 1.24% and National obtained 0.71%. Sarantis lost 3.07% and Titan Cement climbed 3.03%.
In total 70 stocks registered gains, 44 suffered losses and 13 remained unchanged.
Turnover amounted to €1.02 billion, up from Thursday’s €436.9 million.
