Unfazed by the war activity in the Gulf over the weekend – and boosted by the renewed chance for peace – traders at the Greek stock market put an end to last week’s four-session losing streak on Monday and gave the benchmark some of the ground lost – albeit on a reduced turnover – one day before the end of the second quarter of the year. This serves to remind us that the summer is here and activity in the bourse will gradually decline week after week.
The Euronext Athens (ATHEX) general index closed at 2,467.50 points, adding 0.74% to Friday’s 2,449.29 points. The large-cap FTSE-25 index expanded 0.83%, ending at 6,255.10 points, though mid-caps contracted 0.51%.
The banks index advanced 1.26%, as Eurobank earned 1.69%, Alpha grabbed 1.62%, National improved 1.33% and Piraeus climbed 1.28%. Motor Oil rebounded 3.30%, while Cenergy Holdings conceded 2.18%.
In total, 55 stocks secured gains, 53 endured losses and 13 remained unchanged.
Turnover amounted to €236.8 million, down from last Friday’s €257.6 million.
