Greek stocks resumed their upward trend in the Athens Stock Exchange on Tuesday

Greek stocks resumed their upward trend in the Athens Stock Exchange on Tuesday, pushing the composite index of the market above the 590-point level. Traders said market sentiment was encouraged by a positive climate prevailing in other European markets. The index rose 1.33 pct to end at 593.83 points, its highest closing since June 23. The Large Cap index rose 1.49 pct and the Mid Cap index rose 0.53 pct. Turnover was an improved 48.156 million euros in volume of 89,466,179 shares.

Grivalia Properties (3.11 pct), Folli Follie (2.90 pct) and Mytilineos (2.86 pct) scored the biggest percentage gains among blue chip stocks, while GEK Terna (3.26 pct), Terna Energy (1.11 pct) and National Bank (0.50 pct) suffered heavy losses.

Among market sectors, Commerce (2.90 pct), Raw Materials (2.86 pct) and Personal Products (2.72 pct) scored big gains, while Chemicals (1.16 pct) and Telecoms (0.13 pct) suffered losses.

National Bank and Piraeus Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 60 to 44 with another 22 issues unchanged. Flexopack (9.80 pct), Attica Bank (9.52 pct) and FG Europe (8.79 pct) were top gainers, while Perseus (19.81 pct), GE Demetriou (13.64 pct) and Kepenos Milis (9.93 pct) were top losers.