ATHEX: Investors cash in recent gains
The time came for traders to cash in their recent stock gains, as sellers dominated proceedings at Athinon Avenue on Tuesday, focusing on blue chips, and especially banks. Infrastructure companies begged to differ though, recording growth. Nevertheless, the favorable reports by the international media are certain to lead to more stock price expansion in the coming weeks, with the Greek bourse increasinglyon international investors' radars.
The Athens Exchange (ATHEX) general index closed at 1,452.80 points, shedding 0.80% from Monday's 1,464.48 points. The large-cap FTSE-25 index contracted 1.03%, ending at 3,531.71 points, though mid-caps expanded 0.01%.
The banks index conceded 1.02%, as National gave up 1.55%, Alpha fell 1.40%, Piraeus dropped 0.98% and Eurobank eased 0.36%. Autohellas improved 1.74%, as Jumbo declined 2.83% and OPAP parted with 2.41%.
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