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Athens News Agency: News in English, 11-02-11

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Stocks fall 0.62 pct 

  • [01] Stocks fall 0.62 pct

    Greek stocks ended lower in the last trading session of the week in the Athens Stock Exchange. The composite index of the market fell 0.62 pct to end at 1,621.90 points. The index fell as much as 1.71 pct early in the session, to recover gradually, showing gains of 0.63 pct, after the announcement by the troika that the government would have to raise 50 billion euros from privatizations by 2015. The index ended the week with a net loss of 2.39 pct, the first negative week after a four-week rally. Turnover was 124.89 million euros.

    The Big Cap index fell 0.59 pct, the Mid Cap index ended 1.17 pct down and the Small Cap index rose 1.56 pct. ATEbank (11.84 pct), Hellenic Postbank (9.27 pct), Ellaktor (4.47 pct) and MIG (3.53 pct) were top gainers among blue chip stocks, while Coca-Cola 3E (3.95 pct), OTE (3.57 pct) and Alpha Bank (2.90 pct) were top losers.

    The Unitilies (2.64 pct) and Financial Services (2.21 pct) sectors scored gains, while the Food (3.80 pct) and Telecoms (3.57 pct) suffered the heaviest percentage losses. Broadly, advancers led decliners by 85 to 77 with another 49 issues unchanged. Edrasi (14.29 pct), ATEbank (11.84 pct) and Hellenic Postbank (9.27 pct) were top gainers, while Altec (12.5 pct), Unibios (11.11 pct) and TBank (10.34 pct) were top losers.

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