Even without the help of the banks index, but with the crucial backing of mid-caps, the benchmark of the Greek stock market continued its ascent on Wednesday in what was a far quieter session than the previous ones at Athinon Avenue. Traders’ eyes remain glued to geopolitical developments, which will not only determine the course of market mood for investments, but also the price of everyday commodities in the run-up to the summer – and which in Greece’s case affects both of its main industries: Shipping and tourism.
The Athens Exchange (ATHEX) general index closed at 2,289.44 points, adding 0.22% to Tuesday’s 2,284.40 points. The large-cap FTSE-25 index expanded 0.13%, ending at 5,829.02 points, with mid-caps advancing a healthy 1.54%.
The banks index contracted 0.06%, as Optima fell 1.09%, National eased 0.59% and Alpha dropped 0.53%, while Piraeus earned 0.64%.
In total 70 stocks secured gains, 39 endured losses and 13 remained unchanged.
Turnover amounted to €286.9 million, down from Tuesday’s €467.9 million.
In Nicosia, the general index of the Cyprus Stock Exchange increased 3.28% to 284.08 points.