ATHEX: Market picks up after 5-day losing streak

The benchmark of the Athens Exchange (ATHEX) ended the day just shy of the 600-point mark as the market reacted to a five-day losing streak, the worst in almost three months. However, the drop in turnover - by over 40 percent from Tuesday's major price slide - suggests that Wednesday's session was a brief respite for the market rather than the beginning of a genuine rebound, while the decline posted by the mid-cap index saw losers outnumbering gainers by the end of the session.

The ATHEX general index ended at 599.95 points, adding 1.16 percent to Tuesday's 593.05 points. The large-cap FTSE-25 index expanded 1.45 percent to 1,571 points, while the mid-cap index contracted 0.687 percent.

The banks index recovered 1.67 percent, with Alpha advancing 3.18 percent, Piraeus growing 2.13 percent and National improving 0.70 percent, as Eurobank slipped 0.58 percent. OPAP gaming...

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