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Athens News Agency: News in English, 10-04-28
CONTENTS
[01] Stocks recover moderately on Wed.
[01] Stocks recover moderately on Wed.
Stocks recovered on Wednesday as a decision by the marketâs watchdog to
ban short selling in the market halted a wave of selling that pushed
prices to 12-month lows in the previous session, while renewed hopes of
a timely activation of an EU/IMF support mechanism also had a positive
impact. The composite index of the market rose 0.63 pct to end at
1,707.35 points, off the dayâs highs. Turnover was a strong 363.460
million euros.
The FTSE 20 index rose 0.94 pct, the FTSE 40 index ended 1.07 pct
higher and the FTSE 80 index jumped 2.17 pct. Raw Materials (6.85 pct)
and Constructions (5.73 pct) scored the biggest percentage gains of the
day, while Utilities (3.02 pct) and Telecommunications (2.13 pct)
suffered losses. Vovos (14.15 pct), Thrace Plastics (13.33 pct),
Korinth Steel Pipes (10.84 pct) and Lambrakis Press (10.78 pct) were
top gainers, while Hellenic Fish Farming (11.11 pct), Voyatzoglou
(10.66 pct) and Kyriakoulis (9.52 pct) were top losers. Broadly,
advancers narrowly led decliners by 98 to 95 with another 36 issues
unchanged.
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