Greek Stocks Extend Advance for Fourth Day in A Row

ATHENS – Greek stocks continued moving higher for the fourth day in a row in the Athens Stock Exchange on Friday, pushing the general index of the market above the 860-point level.

The index rose 0.74% to end at 864.82 points. The index eased 0.27% in the week despite a 3.75% advance in the last four sessions. The index is down 2.31% in July but up 6.85% so far this year. Turnover was a thin 31.68 million euros in volume of 17,112,802 shares. The Large Cap index rose 0.75% and the Mid Cap index ended 0.49% higher. Eurobank (2.78%), Athens Water (2.48%) and PPC (2.09%) scored big gains among blue chip stocks, while Lamda Development (1.05%), OPAP (0.95%) and Mytilineos (0.49%) suffered losses. Among market sectors, Technology (2.17%) and Banks (1.73%) moved up, while Real Estate (1.0%) and Commerce (0.92%) moved down.

Alpha Bank and Eurobank were the most heavily traded securities of the day. Broadly, advancers led decliners by 76 to 37, with another 20 issues unchanged. ELGEKA (13.28%) and Fieratex (8.26%) were top gainers, while Bitros Holdings (5.17%) and Premia (4.09%) were top losers.


ATHENS - An Ecofin decision to incorporate the REPowerEU programme in an update of national Recovery and Resilience plans will allow the strengthening of strategic energy infrastructure which further enhances the national advantage of diversifying energy sources and routes, along with cross-border connections, boosting energy economy, environmental footprint and the country's regional role in the energy map, Greek Finance Minister Christos Staikouras said.

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