Greek stocks ended higher in the Athens Stock Exchange on Friday, pushing the general index of the market to new 16-month highs. The index ended the first half of 2019 with a spectacular rise of 41.61 pct led by strong gains in bank shares.
The index ended 1.09 pct higher at 868.48 points, its highest closing since February 2, 2018. The index ended the week with a net gain of 3.55 pct, up 4.61 pct in June.
The Large Cap index rose 1.44 pct and the Mid Cap index ended 1.03 pct higher. Turnover was a strong 125.026 million euros in volume of 59,757,428 shares.
Alpha Bank (5.39 pct), Eurobank (4.22 pct), Piraeus Bank (3.86 pct) and PPC (3.68 pct) scored big gains among blue chip stocks while Viohalco (2.16 pct), Piraeus Port (1.79 pct) and Motor Oil (1.66 pct) suffered losses. Among market sectors, Banks (4.22 pct) and Raw Materials (3.42 pct) scored gains while Industrial Products (0.090 pct) and Oil (0.83 pct) ended lower. Eurobank and Alpha Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 64 to 47, with another 31 issues unchanged. Sidma (16.07 pct) and Xylemporia (9.92 pct) were top gainers, while Pasal (20 pct) and Leventeris (13.04 pct) were top losers.