After Friday’s 14-year high, the benchmark of the Greek stock market lost some ground on Monday, suffering moderate pressure more akin to profit-taking and less so concerns about the imposition of US tariffs on European exports or political instability in Greece. Mid-caps actually ended up on the winning side and rising stocks outnumbered the losers, albeit by the smallest of margins.
The Athens Exchange (ATHEX) general index closed at 1,551.90 points, shedding 0.38% from Friday’s 1,557.83 points. The large-cap FTSE-25 index contracted 0.50%, ending at 3,781.42 points, though mid-caps expanded 0.72%.
The banks index conceded 1.17%, as Alpha parted with 1.68%, Piraeus lost 1.25%, Eurobank gave up 1.08% and National Bank eased 1.06%.
Metlen grabbed 2.43%, while Cenergy Holdings dropped 2.03% and Elval Halcor declined 1.98%.
In total 49 stocks boasted gains, 48 posted losses and 23 remained unchanged.
Turnover amounted to 115.1 million euros, down from last Friday’s €130.4 million.
In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.07% to close at 224.16 points.
