The main index of the Greek stock market closed a historic circle on Monday, as it has finally returned to levels not seen since November 2009, the month when the Greek debt crisis became apparent. The agreement reached between Washington and Tehran is expected to ease tension in the Middle East and reopen the Strait of Hormuz, releasing the forces of economic growth that had been kept in check since the outbreak of hostilities in end-February.
The Euronext Athens (ATHEX) general index closed at 2,462.63 points, adding 1.69% to Friday’s 2,421.69 points. The large-cap FTSE-25 index expanded 1.88%, ending at 6,270.66 points.
The banks index improved 3.17%, on Alpha surging 6.34%, Piraeus rising 3.23%, Eurobank climbing 3.20% and National advancing 2.55%. Aegean Airlines earned 4.68% and ElvalHalcor grew 4.04%, while Motor Oil parted with 3.76%.
In total, 73 stocks boasted gains, 34 posted losses and 16 remained unchanged.
Turnover amounted to €372.8 million, up from last Friday’s €310.6 million.
