Stocks end 6.77% down in week

Stocks ended higher for the third consecutive session at the Athens Stock Exchange on Friday, slightly reducing their sharp weekly losses.

    The composite index of the market rose 0.59 pct to end at 744.37 points, after rising as much as 2.15 pct during the session, for a net loss of 6.77 pct in the week. The index was down 47.35 pct so far this year. Turnover, however, remained a disappointing low 40.341 million euros.

    The Big Cap index rose 0.75 pct, the Mid Cap index ended 1.58 pct higher and the Small Cap index rose 0.21 pct. MIG (8.7 pct), OPAP (5.31 pct), PPC (4.07 pct) and Alpha Bank (2.63 pct) were top gainers among blue chip stocks, while Jumbo (2.94 pct) and Coca-Cola 3E (2.88 pct) were top losers.

    The Financial Services (6.97 pct), Travel (5.20 pct) and Utilities (3.72 pct) sectors scored gains, while Food (2.76 pct) and Personal Products (2.59 pct) suffered losses. Broadly, advancers led decliners by 79 to 44 with another 51 issues unchanged. Dromeas (11.11 pct), S&B (10 pct) and FHL Kyriakidis (10 pct) were top gainers, while Unibios (20 pct), Sprider (9.52 pct) and Fieratex (9.09 pct) were top losers.

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