A handful of blue chips rallied toward the end of the week’s first bourse session, minimizing losses for the benchmark after imported pressure that saw foreign markets suffer from the decline of technology stocks. Talk about US tariffs and Chinese AI applications appeared to affect European markets negatively, but Athinon Avenue covered most of the ground lost compared to Friday’s 13.5-year high, with the banks index even closing with minor gains.
The Athens Exchange (ATHEX) general index closed at 1,539.99 points, shedding 0.28% from Friday’s 1,544.13 points. The large-cap FTSE-25 index contracted 0.20%, ending at 3,755.07 points.
The banks index advanced 0.08%, as Alpha improved 2.47% and Piraeus expanded 0.95%, while National gave up 1.10% and Eurobank conceded 0.62%. Cenergy Holdings eased 2.83% and Metlen shied 1.45%.
In total 35 stocks boasted gains, 67 posted losses and 22 remained unchanged.
Turnover amounted to 112.9 million euros, down from last Friday’s €123.7 million.
In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.35% to close at 223.87 points.