Stocks reverse losses

Stocks ended higher at the Athens Stock Exchange on Tuesday, reversing an earlier sharp decline of prices. News of a reopening of money markets for National Bank and Eurobank boosted buying activity in the market.

The composite index rose 0.92 pct to end at 1,541.02 points, after losing as much as 1.40 pct during the session. Turnover was a low 81.601 million euros.

Ellaktor (4.31 pct), OPAP (3.92 pct) and Eurobank (3.20 pct) were top gainers among blue chips. The Big Cap index rose 0.93 pct, the Mid Cap index ended 0.60 pct lower and the Small Cap index fell 0.11 pct.

The Travel (3.39 pct) and Chemicals (2.97 pct) sectors scored the biggest percentage gains of the day, while Insurance (1.49 pct) and Financial Services (1.28 pct) suffered losses.

Broadly, decliners led advancers by 85 to 75 with another 49 issues unchanged. Mihaniki (26.67 pct), Eurolien (19.67 pct) and Tegopoulos (10 pct) were top gainers, while Vell Group (14.81 pct), Altec (14.29 pct) and Livanis (10.34 pct) were top losers.

 

Sector indices ended as follows:
Insurance:	-1.49%
Industrials:	+1.09%
Commercial:	+0.06%
Construction:	+0.60%
Media:	-0.57%
Oil & Gas:	-0.16%
Personal & Household:	-0.86%
Raw Materials:	+1.03%
Travel & Leisure:	+3.39%
Technology:	-0.58%
Telecoms:	+0.65%
Banks:	+0.49%
Food & Beverages:	+0.15%
Health:	+2.70%
Utilities:	+2.46%
Chemicals:	+2.97%
Financial Services:	-1.28%

 

The stocks with the highest turnover were National Bank, Alpha Bank, Eurobank and Coca Cola.

 

Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank:	4.66
ATEbank:	0.84
Public Power Corp (PPC):	12.47
HBC Coca Cola:	19.52
Hellenic Petroleum:	5.55
National Bank of Greece:	7.78
EFG Eurobank Ergasias:	4.51
OPAP:	13.25
OTE:	6.16
Bank of Piraeus:	3.31
Titan:	15.50