Markets are bracing for two volatile weeks, with central banks adjusting or affirming their rate policies and France facing an uncertain political future, so it could be a bit of a bumpy ride. In this context, the Greek bourse enjoyed a rebound on Wednesday that took the benchmark higher and well above the 2,000-point mark. However the day’s turnover remained relatively low, confirming that many major players are keeping their cards close to their chest.
The Athens Exchange (ATHEX) general index closed at 2,032.17 points, adding 1.51% to Tuesday’s 2,001.86 points. The large-cap FTSE-25 index expanded 1.59%, ending at 5,113.67 points.
The banks index jumped 2.36%, as National rose 3.31%, Eurobank grabbed 2.56%, Alpha fetched 2.45% and Piraeus earned 1.74%.
Cenergy Holdings improved 2.49%, Public Power Corporation collected 2.32% and Titan Cement climbed 2.07%.
In total 76 stocks obtained gains, 35 showed losses and 11 remained unchanged.
Turnover amounted to 167 million euros, up from Tuesday’s €181.7 million.
In Nicosia the general index of the Cyprus Stock Exchange increased 0.06% to 293.34 points.
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