Greek stocks halt four-day decline, end 1.43 pct higher

Greek stocks rebounded strongly in the Athens Stock Exchange on Thursday, recovering a good part of Wednesday’s sharp losses. The market halted a four-day decline which pushed the general market of the index 5.8 pct lower. The index ended 1.43 pct higher at 676.36 points, off the day’s highs of 682.20 points.

The Large Cap index rose 1.13 pct and the Mid Cap index ended 0.45 pct lower. Turnover was 91.482 million euros in volume of 68,637,824 shares.

Piraeus Bank (9.23 pct), National Bank (8.97 pct), Eurobank (8.57 pct) and Alpha Bank (7.63 pct) scored big gains among blue chip stocks, while Titan (3.29 pct), Coca Cola HBC (2.60 pct) and Athens Water (2.59 pct) suffered losses.

Among market sectors, Banks (8.31 pct) and Oil (3.43 pct) scored big gains, while Food (2.56 pct) and Constructions (2.43 pct) suffered losses. Eurobank and National Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 61 to 41 with another 19 issues unchanged. Progressive (12.35 pct) and Piraeus Bank (9.23 pct) were top gainers, while Pairis (29.52 pct) and Fieratex (23.37 pct) were top losers.