Stocks moved higher during the first trading session of the Athens Stock Exchange on Monday, following a similar pattern in other international markets. The composite index rose 1.28 pct to end at 1,614.13 points, after rising as much as 2.36 pct during the day. Buying activity focused on OTE’s shares which ended 5.78 pct higher amid speculation that the government was mulling the sale of an additional 10 pct of OTE’s equity stake to Deutsche Telekom. Turnover soared to 219.693 million euros.

The Big Cap index rose 1.12 pct, the Mid Cap index ended 1.54 pct higher and the Small Cap index rose 0.33 pct. The Telecommunications (5.78 pct), Oil (2.99 pct) and Constructions (2.78 pct) sectors scored the biggest percentage gains, while Travel (1.65 pct) and Financial Services (0.45 pct) suffered losses.

Ellaktor (4.52 pct), Motor Oil (3.17 pct) and Hellenic Petroleum (2.89 pct) were top gainers among blue chip stocks, while OPAP (1.88 pct) and MIG (1.18 pct) were major losers. Broadly, advancers led decliners by 97 to 51 with another 59 issues unchanged. Elfico (17.86 pct), Alter (16.67 pct) and Attikat (16.67 pct) were top gainers, while Allatini Ceramics (14.29 pct), Druckfarben (9.62 pct) and Karamolegos (9.46 pct) were top losers.

 

Sector indices ended as follows:

Insurance:

+1.75%

Industrials:

+1.28%

Commercial:

+0.03%

Construction:

+2.78%

Media:

+0.29%

Oil & Gas:

+2.99%

Personal & Household:

+1.32%

Raw Materials:

+1.17%

Travel & Leisure:

-1.65%

Technology:

+2.78%

Telecoms:

+5.78%

Banks:

+0.81%

Food & Beverages:

+0.54%

Health:

+0.12%

Utilities:

+2.44%

Chemicals:

Unchanged

Financial Services:

-0.45%

 The stocks with the highest turnover were Crown Hellas Can, OTE, National Bank and OPAP.

Selected shares from the FTSE/ASE-20 index

closed in euros as follows:

Alpha Bank:

5.33

ATEbank:

0.80

Public Power Corp (PPC):

12.25

HBC Coca Cola:

19.10

Hellenic Petroleum:

7.47

National Bank of Greece:

6.90

EFG Eurobank Ergasias:

5.14

OPAP:

15.70

OTE:

8.24

Bank of Piraeus:

1.56

Titan:

16.65