The dramatic ups and downs on bourses global continued on Thursday, with a major rebound more than just offsetting Wednesday’s losses at Athinon Avenue, though nothing guarantees there will not be another major slump on Friday or Monday, as the international markets seem to be hanging on the whims of a single person. This time it was mid-caps that outperformed in the day’s “relief rally,” though the benchmark was unable to hold on to the 1,600-point level it briefly recaptured mid-session.
The Athens Exchange (ATHEX) general index closed at 1,582.40 points, adding 3.54% to Wednesday’s 1,528.34 points. The large-cap FTSE-25 index expanded 3.48%, ending at 3,886.37 points.
The banks index advanced 2.92%, on Alpha jumping6.11%, Optima rising 4.29%, Piraeus grabbing 3.02%, National climbing 1.89% and Eurobank improving 1.59%. Ellaktor earned 5.90% and Aktor collected 5.80%.
In total 102 stocks obtained gains, nine sustained losses and 10 remained unchanged.
Turnover amounted to 323.1 million euros, down from Wednesday’s €257.2 million.
In Nicosia, the general index of the Cyprus Stock Exchange increased 1.12% to 225.78 points.