Tuesday, January 11, 2011

Stocks end 1.09% higher

Stocks recovered at the Athens Stock Exchange on Tuesday after Monday’s plunge, supported by positive results of a Greek Treasury bills auction and a sharp drop in bond yields. Bank stocks were at the focus of investors’ interest. The composite index of the market rose 1.09 pct to end at 1,369.35 points, after rising as much as 2.42 pct during the session.

    Turnover was an improved 114.627 million euros. The Big Cap index rose 1.84 pct, the Mid Cap index ended 0.71 pct higher and the Small Cap index rose 1.35 pct. The Health (5.09 pct) and Banks (3.43 pct) sectors scored the biggest percentage gains of the day, while Commerce (2.38 pct) and Food (1.86 pct) were suffered losses. Hellenic Postbank (5.60 pct), Piraeus Bank (5.30 pct), ATEbank (4.62 pct), Eurobank (3.69 pct) and National Bank (3.55 pct) were top gainers among blue chip stocks, while Coca-Cola Hellenic Bottling (1.95 pct), OTE (1.46 pct) and Titan (0.32 pct) were top losers. Broadly, advancers led decliners by 85 to 72 with another 51 issues unchanged. Galaxidi (10 pct), Akritas (9.80 pct) and Avenir (9.52 pct) were top gainers, while Allatini Ceramics (20 pct), Progressive (9.52 pct) and Vivere (8.33 pct) were top losers.

   




ANA-MPA