Athens Stock Exchange: Banks’ shares skyrocket – Profit up to 22%

Athens Stock Exchange: Banks’ shares skyrocket – Profit up to 22%

Athens, October 6, 2015/Independent Balkan News Agency

By Spiros Sideris

After many “black” days, the Athens Stock Exchange rebounded, with banks starring. At the first meeting of the week, amid positive climate in international markets, the General Price Index closed at 667.09 points, up by 4.07%.

The banking index show a steep rise, recording gains 22.15%, while last week it was down by 30.67%, while from the beginning of the year it has recorded losses of 83.36%.

The highest percentage increase was recorded by Alpha Bank (+25%), which close at 0,115 euros, followed by Piraeus Bank (+ 24.64%), the EIB (+ 20.55%) and Eurobank (20%).

The value of transactions was increased in relation to the meeting Friday and amounted to EUR 32.369 mln, while the volume of transactions amounted to 148,623,523 pieces.

The total market capitalization increased by EUR 1.7 bn compared to the previous session.

The blue chip index rose at a rate of 5.40%, while the index of mid-cap was reinforced at a rate of 1.57%.