However, the General Index recorded cumulative losses of 1.01% for week, while banks’ upward reaction on Friday trimmed losses for week to 0.65%.
FTSE20 posted mixed signs on Friday, with ATEbank and Piraeus Bank topping the index, ending at €0.55 and €1.02, up 5.77% and 4.08% respectively.
Market analysts continue to speak of depreciation in terms of turnover, trading volumes, valuations and overall buying interest, making the Greek market vulnerable to both supply urges and possible reversing of investing sentiment.
They also note that as long as there is no positive catalyst in ASE, weakness and downside risk will remain in the market.
Across the board, the General Index ended at 1,356.24, with marginal profits of 0.09%, failing to retain early profits of 1.6%. The total turnover remained thin, at €60.83m, while a total amount of 65 shares rose, 66 declined and 150 remained unchanged.
Greek banks moved upwards by 1.13%, at 995.33 units, with intraday profits of 2.56%. Besides ATEbank and Piraeus Bank, Proton Bank and Marfin Popular Bank rose by 1.69% and 1.33% respectively.
Alpha Bank and National Bank ended at €3.54 and €4.81, up 1.14% and 1.05% respectively, while Geniki Bank, Hellenic Postbank and Eurobank posted minor profits.
Besides banks, Viohalko rose by 2.87%, while Motor Oil and OTE gained 1.05% and 0.72% respectively. On the other hand, MIG fell by 3.08%, while Titan and Jumbo declined by 1.60% and 1.11% respectively.
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