Greek stocks ended higher in the Athens Stock Exchange on Thursday, in contrast to the downward trend in European markets, buoyed by improvements in the bond market following Moody’s unexpected upgrade of the Greek economy. The general index rose 0.79 pct to end at 845.34 points, off the day’s high of 847. 20 points. The Large Cap index ended 0.61 pct higher and the Mid Cap index rose 1.23 pct. Turnover was a robust 71.060 million euros in a volume of 52,209,749 shares.
National Bank (3.90 pct), Eurobank (3.69 pct), and Terna Energy (2.44 pct) scored big gains among blue chip stocks, while Motor Oil (2.26 pct), Coca Cola HBC (1.25 pct) and EYDAP (0.78 pct) suffered losses.
Among market sectors, Banks (2.78 pct) and Financial Services (2.78 pct) scored big gains, while Oil (1.44 pct) and Food & Beverages (1.22 pct) suffered losses. Alpha Bank and Hellenic Telecoms were the most heavily traded securities of the day. Broadly, advancers led decliners by 84 to 31, with another 26 issues unchanged. Dionic (19.65 pct), AEGEK (17.20 pctr), CPI (15.00 pct) were top gainers, while SATO (9.85 pct), Akritas (15.44 jpct) and GE Dimitriou (10.00 pct) were top losers.