ATHEX: Main index falls over 2 pct in September

30 September 2016
924 Views

September deducted 2.05 percent from the value of the Greek bourse’s benchmark as Friday was another day of decline for the majority of blue chips. Banks, whose index lost some 11.2 percent of its value in September, suffered a 0.98 percent drop on the day as the repercussions of the Deutsche Bank turmoil and renewed concerns about state intervention in the Italian credit system were felt by Greek lenders too.

The Athens Exchange (ATHEX) general index closed the month at 565.53 points, shedding 0.48 percent from Thursday’s 568.24 points. On a weekly basis it gave up 1.48 percent.

The FTSE 25 index contracted 0.76 percent to end at 1,500.87 points, while small-caps rose 0.30 percent, helping rising stocks outnumber the losers by just one.

Hellenic Petroleum led blue chips with an advance of 2.07 percent, followed by Eurobank, which increased 1.60 percent. The biggest losses were sustained by Ellaktor (down 3.85 percent), OPAP (2.97 percent) and Alpha Bank (2.63 percent).

In total 49 stocks posted gains, 48 registered losses and 34 remained unchanged.

Turnover amounted to 37.5 million euros, up from Thursday’s 22.2 million.

In Nicosia the general index of the Cyprus Stock Exchange shrank 0.03 percent to close at 66.16 points.

You may be interested

How Productive is an Hour of Work (where is Greece)? (infographic)
GREECE
shares14 views
GREECE
shares14 views

How Productive is an Hour of Work (where is Greece)? (infographic)

Panos - Jun 17, 2021

Figures from the OECD reveal the countries in which the average hour of work contributes the most to GDP. As…

Biden’s blunder as he confuses Putin with Trump (video)
WORLD
shares21 views
WORLD
shares21 views

Biden’s blunder as he confuses Putin with Trump (video)

Panos - Jun 17, 2021

The American president Joe Biden’s blunder after the meeting with his Russian counterpart, Vladimir Putin, in Geneva has gone viral. It…

How the Hellenic Navy tricked a Turkish corvette trying to stop a live fire exercise (photos)
DEFENCE
shares27 views
DEFENCE
shares27 views

How the Hellenic Navy tricked a Turkish corvette trying to stop a live fire exercise (photos)

Panos - Jun 17, 2021

The Turkish corvette Baykoz, which had departed from the Aksaz Turkish Navy Base opposite of Rhodes and was sailing west…

Leave a Comment

Your email address will not be published.