A 2.9 percent rise in Public Power Corporation's share price helped Greek stocks to a moderate recovery in the Athens Stock Exchange on Friday, reversing a two-day sharp fall.
Demand for PPC's shares rose significantly as the market discounted a positive outcome in a third flotation by the company.
The general index rose 0.47 percent to end at 2,102.10 points, with turnover a moderate 98.1 million euros. The index ended the week with a net loss of 1.06 percent.
The Holding and Industrial sectors scored the biggest percentage gains of the day (0.74 percent and 0.72 percent, respectively), while the Investment and Bank sectors suffered the heaviest percentage losses (0.67 percent and 0.58 percent, respectively).
The FTSE/ASE 20 index for blue chip and heavy traded stocks rose 0.19 percent, the FTSE/ASE MID 40 index ended 0.20 percent higher and the FTSE/ASE SmallCap 80 index ended 0.12 percent up.
Broadly, decliners led advancers by 163 to 130 with another 68 issues unchanged.
Demand for PPC's shares rose significantly as the market discounted a positive outcome in a third flotation by the company.
The general index rose 0.47 percent to end at 2,102.10 points, with turnover a moderate 98.1 million euros. The index ended the week with a net loss of 1.06 percent.
The Holding and Industrial sectors scored the biggest percentage gains of the day (0.74 percent and 0.72 percent, respectively), while the Investment and Bank sectors suffered the heaviest percentage losses (0.67 percent and 0.58 percent, respectively).
The FTSE/ASE 20 index for blue chip and heavy traded stocks rose 0.19 percent, the FTSE/ASE MID 40 index ended 0.20 percent higher and the FTSE/ASE SmallCap 80 index ended 0.12 percent up.
Broadly, decliners led advancers by 163 to 130 with another 68 issues unchanged.
3287.99
1275.09
