ATHEX: Benchmark advances to 6-week high

The week’s momentum astatine the Greek stock marketplace accelerated connected Friday, with banks taking a wide starring relation and sending the benchmark importantly higher, while mid-caps begged to disagree and continued their diminution for different session. The anticipation of much dividends from banks and the scattered opportunities traders discern among bluish chips and some different listed companies of little capitalization proceed to bolster prices and provender the regular turnover.

The Athens Exchange (ATHEX) wide scale closed astatine 2,076.71 points, a six-week high, adding 0.95% to Thursday’s 2,057.26 points. On a weekly ground it precocious 2.21%. The large-cap FTSE-25 scale expanded 1.05%, ending astatine 5,255.17 points, though mid-caps contracted 0.15%.

The banks scale jumped 2.54%, thanks to National rising 3.44%, Eurobank grabbing 3.26%, Optima collecting 2.33% and Alpha earning 2.29%.

In total 59 stocks reported gains, 46 sustained losses and 21 remained unchanged.

Turnover amounted to 209.4 cardinal euros, up from Thursday’s €193.3 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange decreased 0.14% to 286.92 points.