Greek stocks ended sharply higher in the last trading session of the week in the Athens Stock Exchange, pushing the general index near the 700-point level again. Turnover was boosted because of capital inflows related with a revision of the FTSE indexes after Poland was upgraded into a developed market.
The general index rose 2.60 pct to end at 698.74 points, for a net gain of 2.50 pct in the week. The index is down 4.23 pct in September and 12.92 pct so far this year. The Large Cap index rose 2.36 pct and the Mid Cap index ended 1.54 pct higher. Turnover was 105.450 million euros in volume of 48,608,327 shares.
GEK Terna (7.6 pct), Piraeus Bank (6.74 pct) and ADMIE (5.06 pct) scored big gains among blue chip stocks, while Grivalia Properties (1.0 pct) was the only blue chip to end lower. Among market sectors, Travel (4.69 pct), Constructions (4.48 pct) and Raw Materials (4.01 pct) scored gains, while Commerce fell 1.76 pct. Alpha Bank and Eurobank were the most heavily traded securities of the day. Broadly, advancers led decliners by 73 to 34 with another 30 issues unchanged. Nakas (10.64 pct), Intralot (8.13 pct0 and GEK Terna (7.66 pct) were top gainers, while Boutaris (19.72 pct), Karatzis (10 pct) and Mathios (9.55 pct) were top losers.