ATHEX ends week on a high with fourth rise

13 August 2016
165 Views

Investors appeared relieved by the gross domestic product figures published on Friday, which showed that the Greek economy had grown marginally in the second quarter of 2016 on a quarterly basis.

This was seen as the key reason behind the Athens Stock Exchange general index rising for a fourth day in a row.

It increased by 0.66 percent to close at 576.12 points.

Folli Follie shares were the biggest risers, with an increase of 6 percent, followed by retailer Jumbo on 3.75 percent.

Terna Energy slipped 2.19 percent, followed by a 1.79 percent decline for Aegean.

Overall, 42 stocks rose, 35 declined and 15 remained unchanged.

Turnover remained fairly low, reaching just 20.64 million euros.

You may be interested

EU Poll: Greeks overwhelmingly convinced of widespread corruption
FINANCE
shares34 views
FINANCE
shares34 views

EU Poll: Greeks overwhelmingly convinced of widespread corruption

makis - Dec 12, 2017

Corruption in Greece is an ongoing political issue, that has been debated to death over the past 35 years. Now…

Turkish PM Yildirim escalates rhetoric against Greece
GREECE
shares35 views
GREECE
shares35 views

Turkish PM Yildirim escalates rhetoric against Greece

makis - Dec 12, 2017

Two days before his arrival in Greece, Turkish PM Binali Yildirim directly disputed the current Status Quo in the Aegean…

One in three Greeks unable to afford basic material goods
GREECE
shares59 views
GREECE
shares59 views

One in three Greeks unable to afford basic material goods

makis - Dec 12, 2017

One in three Greeks or 32% in 2016 were unable to enjoy basic material goods and social benefits, according to…

Leave a Comment

Your email address will not be published.