Calamos Supports Greece
GreekReporter.comGreek NewsEconomyASE Closes at 3-Month High, Banks Climb 83% in January

ASE Closes at 3-Month High, Banks Climb 83% in January

The Athens Stock Exchange ended January with the biggest daily rise of the month, and the General Index was topped out just a hair away from 800 units, recording a 3 month high.
The General Index was supported by the climb of the banking index, which continued the upward streak that began from 212 units on January 11, and in 15 meetings (of which only one showed a downward trajectory) recorded total profits of 125.53%, in 15 sessions.
After yesterday΄s Summit, which has now set a deadline at the end of week for “hot” issues to close, such as the PSI and the new loan agreement, the Greek market began trading in positive territory, but still showed caution because of the developments in relations between Alpha Bank and Eurobank.
Keeping in positive territory throughout the trading, the Index added to its profits and was found intraday up to 6.25% at 796.90.
The Index eventually ended slightly lower than that high point, ending the day up 6.13% to 796.02 points, which is the highest closing level of the General Index since October 31, 2011. The Index closed on an increase of 16.99% for the month.
For the index of banks, the trading closed Tuesday at 480.13 points, up 17.25% (17.42% intraday). The total profits of the index for January stood at 82.66%.
(source: capital)

See all the latest news from Greece and the world at Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!

Related Posts