Greek stocks ended higher in the ASE on Thursday

Greek stocks ended higher in the Athens Stock Exchange on Thursday led by bank shares which remained at the focus of buying interest after analysts said the scenarios of stress tests announced by EBA were milder than expected.

The general index rose 0.87 pct to end at 886.44 points, off the day’s highs of 895.64 points. The Large Cap index rose 0.87 pct and the Mid Cap index ended 1.44 pct higher. Turnover was a strong 123.266 million euros, in volume of 83,117,078 shares. Alpha Bank (6.58 pct), Piraeus Bank (4.57 pct), PPC (3.58 pct) and GEK Terna (3.14 pct) scored the biggest percentage gains of the day among blue chip stocks, while Lamda Development (1.39 pct), Hellenic Petroleum (1.37 pct) and Grivalia Properties (1.29 pct) suffered heavy losses.

Among market sectors, Banks (3.57 pct) and Personal Products (2.06 pct) scored big gains while Real Estate (1.21 pct) and Telecoms (1.19 pct) suffered losses. National Bank and Alpha Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 81 to 48 with another 22 issues unchanged. Euromedica (19.88 pct), AEGEK (16.67 pct) and Pasal (13.25 pct) were top gainers, while ANEK (16.67 pct), Sato (8.33 pct) and Forthnet (4.89 pct) were top losers.

ADEX closing report

The February contract on the FTSE/ASE Large Cap index was trading at a premium of 0.79 pct in the Athens Derivatives Exchange on Thursday. Volume on the Big Cap index totaled 4,499 contracts with 16,274 open positions in the market, while volume in futures contracts on equities totaled 96,302 contracts. Investment interest focused on National Bank’s contracts (36,219), followed by Alpha Bank (14,640), Piraeus Bank (8,789), Eurobank (14,078), MIG (9,799), OTE (711), PPC (3,592), ADMIE (708), OPAP (250), ATHEX Group (491), Viohalco (479), Mytilineos (715), Hellenic Petroleum (289), Motor Oil (152), GEK Terna (233), Ellaktor (1,170), Jumbo (183), Intralot (1,811), Athens Water (412), Terna Energy (419), Folli Follie (101), Cenergy (328), Attica Bank (295).