consecutive session, as the General Index posted mild gains in an average turnover on Thursday.
Banks ended with gains of 1.3%, close to session’s high, while Eurobank and Alpha Bank topped FTSE20’s profits.
Analysts refer to the investors’ indecisiveness caused by the crisis in Japan and the nervousness in the foreign stock exchanges.
They comment that the developments in Japan have so far offset the positive outcome of the European Summit last week. However, they note that the domestic market has shown a mood of differentiation from the European indices.
They also state that volatility will remain at high levels in the near future, and consider the General Index’s course as satisfactory.
Across the board, the General Index ended at 1620.47 units, up 0.58%, moving in a range of 29 units or 1.8%. Approximately 25.48mn units worth EUR93.85mn were traded on Thursday, while 74 shares rose, 91 declined and 118 remained unchanged.
Across FTSE20, Eurobank and Alpha Bank stood out with gains of 3.03% and 2.55% at EUR 5.10 and EUR 5.23 respectively, while OPAP followed with profits of 2.34% at EUR 16.17. Piraeus Bank and Motor Oil rose by 1.95% and 1.88% respectively, while Mytilineos, National Bank and Hellenic Petroleum gained 1.26%, 1.16% and 1.05% respectively.
Viohalco, Jumbo, Hellenic Postbank posted small profits, while MIG, Marfin Popular Bank and ATEbank remained unchanged.
On the other hand, OTE fell by 2.61%, while Titan and Ellaktor declined by 0.8%. Public Power Corp, Bank of Cyprus and Coca-Cola 3E recorded small losses of 0.41%, 0.36% and 0.05% respectively.
source: CAPITAL
