ATHEX ends week on a negative note

27 August 2016
262 Views

The final week of August painted a difficult picture for investors on the Athens Stock Exchange thanks to low trading volumes making even so-called blue chip stocks unattractive.

On Monday the general index strengthened 0.84 percent to 566.01 points. The value of transactions remained low and came to 21.34 million euros.

Positive sentiment prevailed on Tuesday, with the general index gaining 0.33 percent and closing at 567.90 points, although turnover dropped to 17.938 million euros.

A further positive session on Wednesday saw gains of 1.17 percent for the main index. The general index rose a marginal 0.01 percent to 567.94 points. Trading volume came to 26.044 million euros.

The benchmark suffered losses of 0.37 percent and fell to 565.83 points on Thursday.

The negative tone persisted on Friday when the index fell 0.09 percent and transactions did not exceed 25 million euros.

Wednesday’s conclusion of trading for August may prompt foreign funds to restructure their portfolios to mitigate the cumulative impact of Greek stocks’ losses since the start of the year.

You may be interested

JOKER results: Sunday 17 June 2018
GREECE
shares29 views
GREECE
shares29 views

JOKER results: Sunday 17 June 2018

Panos - Jun 17, 2018

The winning numbers from the JOKER draw on Sunday 17 June 2018 are as follows:

Lotto results: Saturday 16 June 2018
GREECE
shares67 views
GREECE
shares67 views

Lotto results: Saturday 16 June 2018

Panos - Jun 16, 2018

The winning numbers from the Lotto draw on Saturday 16 June are as follows:

“Minos” weather front to affect most of Greece until Tuesday
GREECE
shares48 views
GREECE
shares48 views

“Minos” weather front to affect most of Greece until Tuesday

makis - Jun 15, 2018

A gradual deterioration of the weather is expected take start today and cover most of the country for the next…

Leave a Comment

Your email address will not be published.