Non-bank blue chips reverted the Greek stock market to an upward trajectory after the long weekend, as a number of stocks that had suffered considerable pressure last week rebounded on Monday to put the benchmark back above the 2,200-point level. This ran counter to the international trend of concern due to the partial resumption of hostilities in the Persian Gulf and the raising of some US tariffs on European imports. The holiday in a number of markets, including London and Tokyo, contributed to containing the day’s trading volume.
The Athens Exchange (ATHEX) general index closed at 2,205.04 points, adding 0.75% from Thursday’s 2,188.68 points. The large-cap FTSE-25 index also expanded 0.75%, ending at 5,582.99 points.
The banks index rose just 0.09%, as Alpha grabbed 1.18%, Piraeus earned 0.88% and National improved 0.56%, while Eurobank conceded 2.04%.
In total 71 stocks boasted gains, 48 posted losses and seven remained unchanged.
Turnover amounted to €198.8 million, down from last Thursday’s €282.9 million.
In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.14% to close at 283.12 points.