Stocks rise 1.53 pct in low turnover

Stocks recovered some of the ground lost earlier this week during the last session on Friday, boosted by a sharp rise in stock markets abroad and the positive results anticipated from a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy in Paris next Tuesday.
The composite index of the market gained 1.53 pct to close at 991.14 points. Turnover was a low 54.036 million euros. The index had suffered heavy losses of 6.67 pct from the start of the week, while it has lost 29.90 pct since the start of the year.

The Big Cap index rose 1.14 pct, the Mid Cap index rose 1.82 pct higher and the Small Cap index rose 1.56 pct. The highest gains among blue-chip stocks were for Coca Cola 3E (+5.10 pct), Cyprus Bank (+3.36 pct) and Mytilineos (+3.22 pct). Jumbo (-4.06 pct), Marfin Popular Bank (-2.70 pct), and Viohalko (-1.13 pct) were top losers.

The Food & Beverages (+5.01 pct), Financial Services (+4.54 pct) and Health (+4.04 pct) sectors scored the highest gains, while the heaviest percentage losses of the day were in Media (-9.68 pct) and Insurance (-2.44 pct). Broadly, decliners trailed advancers by 44 to 98 with another 49 issues unchanged.

Pasal Real Estate (+11.11 pct), AXON Holdings (+9.09 pct) and Vioter (+9.09 pct) were top gainers, while Boutaris (-12.50 pct), Mochlos (-12.50 pct), Livanis (-9.68 pct) and Akritas (-8.16 pct) were top losers.

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