Greek stocks edge higher‏

Gazzetta team 30 Σεπτεμβρίου 2015 - 19:04

Greek stocks edged higher in the Athens Stock Exchange on Wednesday, ending a two-day decline which pushed the composite index of the market 3.68 pct lower.

Bank shares remained under pressure, with the sector index falling more than 7.0 pct, but the market found support from buying interest in selected blue chips. The composite index rose 0.60 pct to end at 654.20 points, off the day’s highs of 658.22 points. The index ended the month with a net gain of 4.81 pct, recovering from a 21.73 pct drop in August. The Large Cap index rose 0.15 pct and the Mid Cap index ended 0.21 pct higher. Turnover was a low 29.294 million euros.

Motor Oil (8.0 pct), Athens Water (3.45 pct) and Ellaktor (2.68 pct) scored big gains among blue chip stocks, while National Bank (11.29 pct), Piraeus Bank (7.14 pct) and Eurobank (4.35 pct) suffered the heaviest percentage losses of the day.

Among market sectors, Oil (5.61 pct), Commerce (2.23 pct) and Constructions (1.91 pct) scored gains, while Banks (7.54 pct), Health (2.38 pct) and Telecoms (1.64 pct) suffered heavy losses.

Broadly, decliners led advancers by 40 to 39 with another 27 issues unchanged. Inform Lycos (28 pct), Kekrops (9.68 pct) and Audiovisual (8.25 pct) were top gainers, while Sidma (19.79 pct), Dromeas (19.57 pct) and Centric Holdings (14.81 pct) were top losers.