ATHEX: Stocks recover to enjoy a mild price increase

Despite the selling trend observed at the Greek bourse early on Wednesday and the distribution of dividends by a number of blue chip companies, stocks recovered in the latter half of the trading session, with the majority recording gains and turnover heading higher.

The Athens Exchange (ATHEX) general index closed at 852.27 points, adding 0.66 percent to Tuesday's 846.66 points. The large-cap FTSE-25 index expanded 0.80 percent to end at 2,179.53 points.

The banks index improved 1.91 percent, with Alpha earning 2.67 percent, National climbing 1.74 percent, Eurobank collecting 1.61 percent and Piraeus growing 1.04 percent.

Blue chips OPAP, Motor Oil and Mytilineos distributed dividends, but only OPAP posted a notable drop (5.65 percent) in its stock price, as Motor Oil slipped 0.94 percent and Mytilineos was unchanged.

Viohalco and Lamda Development were...