Stocks rise strongly on bank recovery

Stocks rose strongly on Tuesday at the Athens Stock Exchange, riding on sharp gains in the banking sector that corrected Monday's heavy losses. The composite index of the market rose 3.74 pct to end at 1,275.47 points. Turnover was 110.066 million euros. The Big Cap index jumped 4.64 pct, the Mid Cap index rose 2.53 pct and the Small Cap index ended 2.26 pct higher. ATEBank (-0.79 pct)  was the only blue chip stock to post losses, while top gainers were Ellaktor (10.19 pct), Alpha Bank (9.81 pct), Eurobank (8.97 pct) and Piraeus Bank (7.00 pct).
Among sector indices, the biggest gains were in Banking (6.93 pct), Telecommunications (5.09 pct), Financial Services (4.7 pct) and Raw Materials (4.65 pct). The biggest losses were in Insurance (-1.92 pct), Chemicals (-1.16pct) and Commerce (-0.39 pct).
Broadly, advancers trailed decliners by 103 to 36 with another 41 issues unchanged. 

Sector indices ended as follows:

Insurance: -1.92%
Industrials: +1.66%
Commercial: -0.39%
Construction: +4.69%
Oil & Gas: +1.79%
Personal & Household: +1.22%
Raw Materials: +4.65%
Travel & Leisure: +0.29%
Technology: +3.28%
Telecoms: +5.09%
Banks: +6.93%
Food & Beverages: +1.72%
Health: +3.36%
Utilities: +2.33%
Chemicals: -1.16%
Financial Services: +4.70%

The stocks with the highest turnover were National Bank, Coca Cola 3E, OPAP and Alpha Bank.

Selected shares from the FTSE/ASE-20 index closed in euros as follows:

Alpha Bank: 3.47
ATEbank: 1.25
Public Power Corp (PPC): 9.53
HBC Coca Cola: 18.00
Hellenic Petroleum: 6.48
National Bank of Greece: 4.93
EFG Eurobank Ergasias: 3.28
OPAP: 11.29
OTE: 6.40
Bank of Piraeus:1.07
Titan: 16.63

Εγγραφείτε στο newsletter μας

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