Greek stocks move higher on Monday
Greek stocks move higher on Monday
29/12/2003 17:35
Greek stocks ended Monday's session slightly higher in the Athens Stock Exchange with prices unable to maintain their earlier bigger gains due to lack of follow-through buying and thin trading conditions in the market.

The general index ended at 2,211.93 points, up 0.11 percent, with analysts predicting low volumes and minor price gains in the next two sessions, the last in 2003.

The Investment and Construction sectors scored the biggest percentage gains of the day (1.08 percent and 0.74 percent, respectively), while the Textile and Publication sectors suffered the heaviest percentage losses (1.08 percent and 0.92 percent, respectively).

National Bank, Piraeus Bank, Alpha Bank, General Bank, Hellenic Telecoms, Cosset, Hellenic Petroleum and PPC were the most active stocks in the market.

The FTSE/ASE 20 index rose 0.28 percent, the FTSE/ASE MID 40 index fell 0.09 percent, the FTSE/ASE SmallCap 80 index eased 0.03 percent and the wider FTSE/ASE 140 index rose 0.20 percent.

Sector indices ended as follows:
Banks: 4,095.02 +0.30%
Telecoms: 859.40 +0.17%
Insurance: 697.26 +0.99%
Investment: 818.24 +1.08%
Construction: 865.46 +0.74%
Textiles: 321.80 –1.08%
Industrials: 1,154.75 +0.01%
Holding: 1,359.98 +0.56%
Base Metals: 431.06 –0.54%
Non-ferrous Minerals: 758.45 +0.28%
Publications: 419.32 –0.92%
Retail: 1,054.06 +0.28%
IT: 421.56 –0.12%
IT Solutions: 256.69 –0.57%
Wholesale: 499.02 –0.10%
Food-Beverage: 463.18 –0.23%
Small-caps: 153.14 +0.02%
Refineries: 1,076.22 +0.35%
Real Estate Management: 853.16 –0.21%

Broadly, decliners led advancers by 150 to 127 with another 71 issues unchanged. Turnvoer was a low 88.5 million euros, of which 12.99 million were pre-arranged deals.

Ergas (+11.29%), Cyclon (+8.49%), European Credit (+8.29%), Xifias (+7.50%) and Mouriadis (+6.52%) were the biggest gainers while Naftemporiki (-17.76%), Compucon (-8.03%), Parnassos (-7.97%), Levenderis (-7.97%) and Lyberis (7.69%) were biggest losers.

Sex Form, Arrow, Vodafone, National Bank and Hellenic Telecoms were the most heavily traded stocks of the day.

The Greek market's capitalisation totalled 82.6 billion euros.

Share prices in the MSCI index ended as follows:
Αlpha Bank: 23.04
Coca Cola: 16.30
Eurobank: 14.92
Panafon: 6.18
Aluminium of Greece: 16.08
Viohalco: 4.96
Public Power Corporation: 19.28
National Bank: 20.00
Hellenic Petroleum: 6.98
Hellenic Technodomiki: 4.98
Emporiki Bank: 19.30
Attica Enterprises:3.84
Athens Water: 6.24
Intracom: 5.22
Duty Free Shops: 14.76
Hellenic Telecoms: 10.22
Olympic Technical: 4.18
Piraeus Bank: 9.40
Titan Cement: 32.06
Μotor Oil: 6.88
Foli-Follie: 21.96

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