Athens Stock Exchange: Second day of strong rise, Bank of Cyprus shone
The market's explosive rise continued to new highs, and with the help of - who else - bank stocks but also GEK Terna, PPC, OTE, MOI, it went two for two and closed at 2,034.65 points, up 1.43%. Bank of Cyprus shares shone in today's session as it announced strong second-quarter results and also raised the bar on its dividend policy, as it announced an interim dividend of €87 million or €0.20 per share with a cut-off date of September 20. The shares closed at €7.18, up 6.53%, helped by a highly favourable report from Euroxx. The high of the day on the General Index reached 2,034.67 points and the low was 2,005.96 points. Turnover reached 258.1 million euros. The high-cap index rose 1.45% to 5,121.6 points, and the mid-cap index recorded a gain of 0.93% to 2,905.67 points. The banking index gained 1.56% to 2,246.78 points 89 stocks were up, 26 stocks were down and 11 stocks were unchanged. GEK Terna rose +2.04% to EUR 21.98 , PPC +1.7%...
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