Greek stocks ended higher in the Athens Stock Exchange on Wednesday, pushing the general index of the market closer to the 770-point barrier. Traders said selective buying focused on bank shares.
The index rose 0.95 pct to end at 769.68 points, off the day’s highs of 772.52 points. The Large Cap index rose 1.03 pct and the Mid Cap index ended 0.44 pct higher. Turnover was a low 48.983 million euros in a volume of 34,904,538 shares.
Piraeus Bank (5.19 pct), National Bank (4.85 pct), Eurobank (4.12 pct) and Alpha Bank (1.91 pct) scored big gains among blue chip stocks, while Fourlis (2.78 pct), Jumbo (1.41 pct) and Athens Water (1.38 pct) suffered heavy losses. Among market sectors, Banks (3.51 pct), Telecoms (1.16 pct) and Financial Services (0.98 pct) scored big gains, while Personal Products (1.28 pct) and Raw Materials (0.51 pct) suffered losses.
National Bank and Eurobank were the most heavily traded securities of the day. Broadly, advancers led decliners by 61 to 38 with another 24 issues unchanged. Progressive (12.41 pct), Euroconsultants (7.64 pct) and Aeoliki (6.80 pct) were top gainers, while CPI (14.22 pct), Forthnet (9.27 pct) and Q&R (7.69 pct) were top losers.