Benchmarks rose slightly at the end of the week on the Athens Stock Exchange, largely helped by Public Power Corporation, but the majority of local stocks were on the back of recovery momentum in their European peers. The local market is eagerly awaiting the European Central Bank’s next move and the Greek Prime Minister’s announcement next weekend in Thessaloniki.
The Athens Exchange (ATHEX) Composite Index closed at 844.78 points, up 0.19% from Thursday’s 843.17 points. On a weekly basis he decreased by 5.48%.
The large-cap FTSE-25 index rose 0.05% to close at 2,029.21 points, while the banks index contracted 0.78%.
PPC rose 6.11%, followed by Aegean Airlines (up 1.93%), Viohalco (1.78%) and Piraeus Bank (1.64%). National Bank dropped his 1.89% and Quest Holdings dropped 1.61%.
In total, 50 stocks rose, 52 fell, and 19 remained unchanged.
Sales increased to €67.9 million from €62.9 million on Thursday.
In Nicosia, the Cyprus Stock Exchange General Index fell 0.30% to close at 73.05 points.
https://www.ekathimerini.com/economy/1192414/athex-stocks-lose-5-48-over-week/ ATHEX: Stocks down 5.48% in a week