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Only two blue chip stocks end 2010 with gains

Δημοσίευση 4 Ιανουαρίου 2011, 10:46 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Only two blue chip stocks end 2010  with gains
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Coca-Cola Hellenic Bottling (21.1 pct) and Viohalco (2.0 pct) were the only blue chip stocks to end with gains in 2010, while bank shares suffered heavy losses last year.

Coca-Cola Hellenic Bottling (21.1 pct) and Viohalco (2.0 pct) were the only blue chip stocks to end with gains in 2010, while bank shares suffered heavy losses last year.

Coca-Cola Hellenic Bottling also presented the highest capitalisation (7.088 billion euros), surpassing National Bank (5.784 billion euros), while OPAP (4.127 billion), Hellenic Telecoms (3.004 billion) and Public Power Corp. {PPC} (2.491 billion) surpassed all other banking shares.

The performance of energy shares was negative but satisfactory, given the very negative conjecture of the Greek economy, with PPC falling by 17.4 pct, Hellenic Petroleum (-25 pct) and Motor Oil (-29.5 pct). Other groups with activities in energy also suffered losses (Mytilineos (-12 pct), Ellaktor (-35 pct) and Titan (-19.2 pct).

Bank shares suffered the heaviest percentage losses among blue chip stocks, with ATEbank down 61.9 pct, MIG (-66.9 pct), National Bank (-60.7 pct), Piraeus Bank (-54.9 pct), Alpha Bank (-53.7 pct) and Eurobank (-52.4 pct).

Only two stocks scored gains in the Mid Cap index as well: Frigoglass (46.9 pct) and Folli Follie (39.6 pct). On the other hand, Alapis (87.3 pct), Lambrakis Press (78.3 pct), Geniki Bank (76.4 pct), Mechaniki (71.6 pct), ANEK (68.8 pct), Proton (65.5 pct), Intracom (64.8 pct), Vovos (63.6 pct) and Avax (56 pct) suffered the heaviest percentage losses.

In the Small Cap index, Euroconsultants (54.7 pct), Eurodrip (34.2 pct), Selonda (18.3 pct), Kanakis (18.2 pct), Haidemenos (18.2 pct), MLS (16.7 pct), Dias (10.8 pct), Flexopack (10.7 pct), Nireus (10.6 pct) and Karatzi (9.3 pct) scored gains, while Intracom Constructions (77.1 pct), Pegasus (77 pct), Sprider (76.3 pct), Ilis (74.3 pct), Alco (70.6 pct), Aspis Bank (70.6 pct), Pasal (65.4 pct) and Sfakianakis (65.3 pct) top losers.

The composite index of the Athens Stock Exchange ended the year 35.62 pct down at 1,413.94 points.