ASE breaks above 900-point level

Greek stocks ended slightly higher in the last trading session of the week in the Athens Stock Exchange on Friday, but this move was enough to push the general index of the market above the 900-point levels to new 2019 highs and the highest closing in 57 months.

The index rose 0.20 pct to end at 901.58 points, for a net gain of 1.15 pct in the week and 2.15 pct in November. The Greek market is the top performer among international stock markets with an increase of 47 pct and the bank index soaring 105.6 pct. The Greek market has managed something unique in its modern history, the market rose in 10 out of 11 months this year.

The Large Cap index edged 0.13 pct up, while the Mid Cap index rose 0.09 pct. Turnover was an improved 87.457 million euros in volume of 33,630,394 shares. Viohalco (3.44 pct), Ellaktor (3.18 pct), Sarantis (2.69 pct) and Mytilineos (2.64 pct) scored big gains among blue chip stocks, while Jumbo (1.73 pct), National Bank (1.66 pct) and Motor Oil (0.93 pct) ended lower. Among market sectors, Industrial Products (2.50 pct) and Travel (1.56 pct) moved up, while Commerce (1.39 pct) and Personal Products (0.95 pct) moved lower. Eurobank and Alpha Bank were the most heavily traded securities of the day.

Broadly, advancers led decliners by 70 to 50 with another 24 issues unchanged. Kreka (19.59 pct) and SATO (19.05 pct) were top gainers, while F.G.Europe (7.59 pct) and Dromeas (6.28 pct) were top losers.