ATHEX: Nervousness takes weekly loss to 2.5 pct

5 November 2016
867 Views

The benchmark index of the Greek bourse declined for the fourth session in a row yesterday, in line with its international peers, where the general feeling was one of nervousness as to what the political landscape will look like after the US election on Tuesday. This also explains the very low trading volume at Athinon Avenue.

The Athens Exchange (ATHEX) general index closed at 573.92 points, shedding 0.75 percent from Thursday’s 578.23 points. On a weekly basis it gave up 2.51 percent.

The large-cap FTSE 25 index fell 1.24 percent to 1,510.38 points yesterday, while mid-caps added 0.03 percent.

Banks shrank 1.43 percent, with National dropping 2.20 percent, Piraeus conceding 1.42 percent and Alpha slipping 1.35 percent.

The day’s blue chip champion was EYDAP (up 3.85 percent), which outperformed Public Power Corporation (1.42 percent) and METKA (1.32 percent).

Ellaktor slid 3.45 percent and Jumbo gave up 3.21 percent after its management announced it is increasing the dividend it will distribute by 33 percent, from 27 cents to 36 cents per share.

In total 38 stocks registered gains, 61 posted losses and 20 remained unchanged.

Turnover amounted to just 26.2 million euros, down from Thursday’s 33.6 million.

In Nicosia the general index of the Cyprus Stock Exchange rebounded 0.53 percent to close at 66.60 points.

You may be interested

ELSTAT revises surplus down – Deficit at 9.7% in 2020
GREECE
shares8 views
GREECE
shares8 views

ELSTAT revises surplus down – Deficit at 9.7% in 2020

Panos - Apr 23, 2021

Despite the unprecedented global recession, the General Government deficit in 2020 was kept in the single digits. According to the…

Visit the Greek island in the 100 most impressive list in the world (video)
TRAVEL
shares11 views
TRAVEL
shares11 views

Visit the Greek island in the 100 most impressive list in the world (video)

Panos - Apr 23, 2021

Ios was recently included in the list of the most impressive islands in the world on the news site Insider.com.…

Daily Mail files anti-trust lawsuit against Google
WORLD
shares17 views
WORLD
shares17 views

Daily Mail files anti-trust lawsuit against Google

Panos - Apr 23, 2021

MailOnline/DailyMail.com is suing Google for alleged anti-competitive behavior over the search giant’s ability to exploit its dominance in the ad tech industry…

Leave a Comment

Your email address will not be published.