Friday, March 11, 2011

Stocks end significantly up

Stocks ended significantly higher at the Athens Stock
Exchange on Friday as the market eyed positive developments for Greece in an EU Summit in Brussels, ignoring a negative trend in international markets.


    Buying activity focused on bank shares.

    The composite index of the market rose 2.33 pct to end at 1,580.90 points, with turnover rising to 109.177 million euros. The Big Cap index jumped 2.71 pct, the Mid Cap index rose 1.68 pct and the Small Cap index ended 3.12 pct higher. The Media (7.5 pct), Financial Services (5.45 pct) and Banks (3.58 pct) sectors scored the biggest percentage gains of the day. ATEbank (5.41 pct), MIG (5.26 pct), Hellenic Postbank (4.60 pct), Alpha Bank (4.24 pct) and National Bank (3.82 pct) were top gainers among blue chip stocks, while only Jumbo (0.17 pct) ended lower.

    Broadly, advancers led decliners by 118 to 44 with another 55 issues unchanged. Lambrakis Press (14.89 pct), Mevaco (10 pct), Sanyo Hellas (10 pct) and Envitec (9.52 pct) were top gainers, while Atlantic (20 pct), Allatini Ceramics (13.95 pct), Vivere (13.33 pct) and Hellenic Fish Farms (11.11 pct) were top losers.


source: ANA-MPA