Greek stocks ended slightly higher in the Athens Stock Exchange on Thursday, with the market reacting calmly to early turbulence in international markets on concern over US interest rates. Bank shares rebounded after suffering heavily in the previous sessions.
The general index of the market rose 0.16 pct to end at 626.86 points, after falling as much as 2.45 pct during the day. The Large Cap index rose 0.35 pct and the Mid Cap index eased 0.02 pct. Piraeus Bank (6.36 pct), National Bank (6.09 pct) and PPC (4.31 pct) scored big gains among blue chip stocks, while GEK Terna (4.18 pct), OTE (2.31 pct) and Mytilineos (2.22 pct) suffered heavy losses. Among market sectors, Personal Products (2.94 pct) and Banks (2.20 pct) scored gains, while Commerce (3.20 pct) and Telecoms (2.31 pct) suffered losses. Eurobank and Alpha Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 61 to 43 with another 20 issues unchanged. Voyatzoglou (8.57 pct) and Q&R (7.98 pct) were top gainers, while Fieratex (21.97 pct) and Newsphone Hellas (8.89 pct) were top losers.