Stocks end significantly higher

News of a Franco-German agreement over a new support programme for Greece, along with the announcement of a new government, helped Greek stocks to a strong recovery on Friday in the Athens Stock Exchange.
The composite index of the market jumped 3.80 pct to end at 1,254.02 points, off the day’s highs of 1,272.45 points, recovering a big part of a 4.64 pct loss recorded in the previous two sessions. The index was up 0.13 pct in the week. Turnover soared to 145.174 million euros.
The Big Cap index jumped 5.06 pct, the Mid Cap index rose 3.08 pct and the Small Cap index ended 5.95 pct higher. MIG (14.29 pct), Eurobank (9.31 pct), Marfin Popular Bank (8.62 pct) and National Bank (8.45 pct) were top gainers among blue chip stocks, while Jumbo (1.17 pct) and Viohalco (0.25 pct) were top losers. The Personal Products sector (-0.25 pct) was the only one to end lower, while Financial Services (11.53 pct), Banks (7.82 pct) and Technology (4.19 pct) scored the biggest percentage gains of the day.

Broadly, advancers led decliners by 121 to 26 with another 33 issues unchanged. Kekrops (19.61 pct), Vovos (19.54 pct) and MIG (14.29 pct) were top gainers, while Unibios (16.67 pct), Sanyo Hellas (11.11 pct) and Dimitriou (11.11 pct) were top losers.

Sector indices ended as follows:
Insurance:  +2.00%
Industrials:  +0.52%
Commercial:  +3.01%
Construction:  +3.80%
Media:  Unchanged
Oil & Gas:  +1.45%
Personal & Household:  -0.25%
Raw Materials:  +2.96%
Travel & Leisure:  +3.51%
Technology:  +4.19%
Telecoms:  +3.04%
Banks:  +7.82%
Food & Beverages:  +0.76%
Health:  +2.89%
Utilities:  +3.02%
Chemicals:  +1.23%
Financial Services:  +11.53%

The stocks with the highest turnover were National Bank, OPAP, Alpha Bank and OTE.

Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank:  3.32
ATEbank:  1.25
Public Power Corp (PPC):  9.42
HBC Coca Cola:  17.64
Hellenic Petroleum:  6.40
National Bank of Greece:  4.75
EFG Eurobank Ergasias:  3.17
OPAP:  11.20
OTE:  6.10
Bank of Piraeus:  1.03
Titan:  16.80

Εγγραφείτε στο newsletter μας

Ενημερωθείτε πρώτοι για τα τελευταία νέα, αποκλειστικά ρεπορταζ και ειδήσεις απο όλο τον κόσμο