Greek stocks edged higher in the Athens Stock Exchange on Thursday

Greek stocks edged higher in the Athens Stock Exchange on Thursday reflecting cautious optimism in the market over the outcome of negotiations between Greek and authorities and the institutions over concluding a second review of the Greek programe. The composite index of the market rose 0.28 pct to end at 665.21 points, with the Large Cap index rising 0.11 pct and the Mid Cap index rising 0.55 pct. Turnover was a thin 31.68 million euros in volume of 50.2 million shares.

Motor Oil (3.35 pc), Eurobank (2.19 pct) and Viohalco (1.38 pct) scored the biggest percentage gains of the day among blue chip stocks, while Lamda Development (1.66 pct), OPAP (1.02 pct) and Mytilineos (0.95 pct) suffered heavy losses. Among market sectors, Oil (2.46 pct) and Personal Products (0.99 pct) scored big gains, while Raw Materials (0.95 pct) and Travel (0.82 pct) suffered losses.

National Bank and Piraeus Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 57 to 44 with another 154 issues unchanged. Chaidemenos (17.20 pct), Andromeda (10.43 pct) and Space (9.98 pct) were top gainers, while Dromeas (9.65 pct), Mouzakis (9.52 pct) and Minerva (9.09 pct) were top losers.