The strong downward pressures of recent sessions were first slowed and then timidly reversed on the Athens bourse on Tuesday, buoyed by the anticipation of new measures by the U.S. Federal Reserve in European markets, so that the general composite index crept back above 1,000 points and ended marginally up following Monday's heavy losses.
The composite index of the market had gained as much as 1.59 pct in the middle of the session before subsiding to end 0.19 pct higher at 1,000.13 points. Turnover was 112.572 million euros.
The Big Cap index rose 0.42 pct, the Mid Cap index ended 0.58 pct higher and the Small Cap index rose 0.74 pct. The highest gains among blue-chip stocks were for Ellaktor (7.77 pct), OTE (5.25 pct), TT (4.76 pct) and Viohalco (4.29 pct). PPC (-6.24 pct), Folli Follie (-3.11 pct), Jumbo (-2.70 pct), and Marfin Popular Bank (-2.56 pct) were top losers.
The Telecommunications (5.25 pct) and Technology (4.94 pct) and Chemicals (3.40 pct) sectors scored the strongest gains, while Utilities (-5.33 pct) and Insurance (-4.54 pct) suffered the heaviest percentage losses of the day. Broadly, decliners led advancers by 81 to 65 with another 39 issues unchanged.
Ideal (9.33 pct), Forthnet (8.33 pct) and Mathios Pyrimacha (8.11 pct) were top gainers, while Kordellou Bros (20.00 pct), Euromedica (20 pct) and Imperio (18.75 pct) were top losers.
Sector indices ended as follows:
Oil & Gas: +0.72%
Personal & Household: -2.39%
Raw Materials: +0.81%
Travel & Leisure: +1.08%
Food & Beverages: -2.00%
Financial Services: +0.97%
The stocks with the highest turnover were National Bank, PPC, Alpha Bank and OPAP.
Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank: 2.66
Public Power Corp (PPC): 5.86
HBC Coca Cola: 14.99
Hellenic Petroleum: 5.85
National Bank of Greece: 4.09
EFG Eurobank Ergasias: 2.33
Bank of Piraeus: 0.70