Greek stocks ended significantly higher in the Athens Stock Exchange on Monday, led by bank shares which attracted buying interest after Greek bankers’ estimates that Greek banks will pass the current round of stress tests.
The general index rose 1.23 pct to end at 820.88 points, off the day’s highs of 826.98 points. The Large Cap index rose 0.63 pct and the Mid Cap index ended 2.17 pct higher. Turnover was an improved 79.659 million euros in volume of 127,656,510 shares. Piraeus Bank (7.73 pct), Alpha Bank (7.47 pct) and National Bank (7.43 pct) scored big gains among blue chip stocks, while Coca Cola HBC (5.62 pct), Sarantis (2.78 pct) and Athens Water (0.66 pct) suffered heavy losses. Among market sectors, Health (9.57 pct), Banks (7.39 pct) and Financial Services (4.83 pct) scored big gains, while Food (5.56 pct) and Real Estate (1.09 pct) suffered losses.
National Bank and Eurobank were the most heavily traded securities of the day. Broadly, advancers led decliners by 80 to 37 with another 20 issues unchanged. Dionic (20 pct), Douros (19.15 pct) and Yalco (17.88 pct) were top gainers, while Bitros (19.27 pct), Kreka (19.14 pct) and Vioter (14.16 pct) were top losers.
- Foreign Ministry, Athens bourse work on promoting Greek businesses
- Greece has a big investment gap, PwC survey says
- Greek stocks extended their rally for the sixth successive session
- Athens mayor opposes new state company coordinating council projects
- PPC staff union GENOP confirms power shortages during strikes “but no blackouts”