Greek banks ended at session’s low, just above 1,000 units, with losses of 7.65% for week. FTSE20 recorded a new intraday low for 2011, with losses of 5.37% for week, while the losses of General Index for the same period amounted to 4.50%.
Pegasus Securities refers to a prolonged investing “drought” in its weekly report. Negative speculation and the absence of positive news domestically have forced banks to new lows, it noted.
Alpha Bank, Eurobank, Piraeus Bank and National Bank ended at session’s low. Alpha fell by 3.34% at €3.47 (nominal value of €4.7), Eurobank and Piraeus declined by 2.94% and 1.94% at €3.3 and €1.01 respectively, while National Bank retreated by 1.20% at €4.92 (nominal value of €5).
Across FTSE20, Titan was under the heaviest pressure, after it announced the financial results of Q1 2011 on Thursday, falling by 3.91% at €17.18 (-5.48% intraday). Coca Cola 3E and Mytillineos also ended in negative territory, with losses of 3.22% and 2.33% respectively.
Six more shares remained unchanged (ATEbank, Motor Oil, Marfin Popular Bank, MIG, Ellaktor and Hellenic Postbank), while Jumbo and OPAP posted profits of 2.01% and 1.75%. Viohalco rose by 1.55%, while PPC and OTE gained 1.37%. Hellenic Petroleum and Bank of Cyprus also ended in green, with profits of 1.17% and 0.43% respectively.
The General Index closed with losses of 0.58%, at 1,370.10 units, after fluctuations into a margin of 17 units. Approximately 18.17 million units worth €77.86 million (of which 13% or 10.1 million in pre-agreed trade) were traded on Friday, while a total of 65 shares finished in negative territory, 56 rose and 160 remained unchanged.
Alpha Bank, Eurobank, Piraeus Bank and National Bank ended at session’s low. Alpha fell by 3.34% at €3.47 (nominal value of €4.7), Eurobank and Piraeus declined by 2.94% and 1.94% at €3.3 and €1.01 respectively, while National Bank retreated by 1.20% at €4.92 (nominal value of €5).
Across FTSE20, Titan was under the heaviest pressure, after it announced the financial results of Q1 2011 on Thursday, falling by 3.91% at €17.18 (-5.48% intraday). Coca Cola 3E and Mytillineos also ended in negative territory, with losses of 3.22% and 2.33% respectively.
Six more shares remained unchanged (ATEbank, Motor Oil, Marfin Popular Bank, MIG, Ellaktor and Hellenic Postbank), while Jumbo and OPAP posted profits of 2.01% and 1.75%. Viohalco rose by 1.55%, while PPC and OTE gained 1.37%. Hellenic Petroleum and Bank of Cyprus also ended in green, with profits of 1.17% and 0.43% respectively.
The General Index closed with losses of 0.58%, at 1,370.10 units, after fluctuations into a margin of 17 units. Approximately 18.17 million units worth €77.86 million (of which 13% or 10.1 million in pre-agreed trade) were traded on Friday, while a total of 65 shares finished in negative territory, 56 rose and 160 remained unchanged.
SOURCE: CAPITAL
