Greek stocks end sharply up in the ASE on Thursday

Greek stocks ended sharply higher in the Athens Stock Exchange on Thursday, ahead of a four-day holiday in the market, pushing the general index above the 800-point mark. Traders said a positive climate prevailing in international markets and a rally in the bond market encouraged buying activity in the market.

The general index jumped 2.56 pct to end at 801.14 points. The index ended the shortened week 2.64 pct higher, down 0.15 pct so far this year. The Large Cap index rose 2.36 pct and the Mid Cap index ended 1.99 pct higher. Turnover was a low 53.780 million euros in volume of 47,104,061 shares.

GEK Terna (7.16 pct), Piraeus Bank (7.12 pct), PPC (6.34 pct), Viohalco (4.73 pct), Folli Follie (4.53 pct) and National Bank (4.05 pct) scored the biggest percentage gains among blue chip stocks. All market sectors moved upwards, led by Commerce (4.54 pct), Banks (3.56 pct), Industrial Products (3.42 pct) and Financial Services (3.19 pct). National Bank and Alpha Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 96 to 22 with another 28 issues unchanged. Livanis Publications (19.23 pct), Progressive (19.01 pct) and Forthnet (17.99 pct) were top gainers, while CPI (26.04 pct), Dionic (19.31 pct) and Boutaris (17.35 pct) were top losers.