Greek stocks end sharply higher‏

2 November 2015
20 Views

Greek stocks ended sharply higher in the Athens Stock Exchange on Monday led by bank shares which were at the epicenter of buying interest in the aftermath of the release of a stress test result for Greek banks which showed that capital needs were manageable.

The composite index of the market jumped 3.08 pct to end at 722.80 points. The Large Cap index rose 3.60 pct and the Mid Cap index ended 0.91 pct higher. Turnover was an improved 45.99 million euros with volume at 391,098,064. The market’s capitalisation grew by 1.5 billion euros compared with Friday.

Eurobank (29.03 pct), Alpha Bank (28.70 pct), Piraeus Bank (18.28 pct), National Bank (7.67 pct) and Ellaktor (5.62 pct) scored the biggest percentage gains of the day among blue chip stocks, while Lamda Development (1.92 pct) and Folli Follie (0.33 pct) were the only blue chips to end lower.

Among market sectors, Banks (16.05 pct), Financial Services (5.46 pct) and Insurance (5.33 pct) scored big gains, while Chemicals (2.90 pct), Real Estate (0.57 pct) and Commerce (0.35 pct) suffered losses.

Broadly, advancers led decliners by 72 to 25 with another 20 issues unchanged. Audiovisual (29.79 pct), Kekrops (29.60 pct) and Eurobank (29.03 pct) were top gainers, while Attica Bank (13.33 pct), Nikas (11.39 pct) and Newsphone Hellas (10 pct) were top losers.

You may be interested

Schauble: No debt relief for Greece before end of program
POLITICS
shares56 views
POLITICS
shares56 views

Schauble: No debt relief for Greece before end of program

makis - May 22, 2017

The Greek matter was on the agenda of talks between German Finance Minister Wolfgang Scuable and his newly-appointed French counterpart…

ExxonMobil & Total discuss offshore drilling opportunities in Greece
FINANCE
shares66 views
FINANCE
shares66 views

ExxonMobil & Total discuss offshore drilling opportunities in Greece

makis - May 22, 2017

Greece’s energy minister held talks on Friday with representatives of U.S. oil major ExxonMobil and France’s Total about gas exploration…

Pavlopoulos-Erdogan meeting canceled!
POLITICS
shares69 views
POLITICS
shares69 views

Pavlopoulos-Erdogan meeting canceled!

makis - May 22, 2017

The meeting between the Greek President Prokopis Pavlopoulos and the Turkish President Recep Tayyip Erdogan has been canceled. The meeting…

Leave a Comment

Your email address will not be published.