Friday, January 7, 2011

Stocks recover on Friday

   Stocks recovered at the Athens Stock Exchange on Friday, after a 3.22-pct decline suffered in the previous two sessions of the week, helped by renewed interest in blue chip stocks, although bank shares remained under pressure. The composite index of the market ended 1.23 pct higher at 1,390.84 points, for a net loss of 1.63 pct in the week. Turnover improved further to 99.993 million euros.


    The Big Cap index rose 1.11 pct, the Mid Cap index eased 1.30 pct and the Small Cap index ended 0.35 pct higher. OTE (4.62 pct), Coca-Cola Hellenic Bottling (3.90 pct), Mytilineos (3.83 pct) and Cyprus Bank (3.0 pct) were top gainers among blue chip stocks, while Piraeus Bank (2.91 pct), Alpha Bank (1.64 pct) and MIG (1.54 pct) were top losers.

    The Commerce (8.65 pct), Telecoms (4.62 pct) and Food (3.84 pct) scored the biggest percentage gains of the day, while Health (4.61 pct) and Financial Services (0.94 pct) suffered losses. Broadly, advancers led decliners by 78 to 72 with another 52 issues unchanged. Mohlos (11.11 pct), Hellenic Sugar (10.61 pct) and Ideal (10 pct) were top gainers, while Allatini Ceramics (18.87 pct), AXON Holdings (14.81 pct) and Sanyo Hellas (14.29 pct) were top losers.






ANA-MPA