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Athens News Agency: News in English, 10-12-01
CONTENTS
[01] Stocks surge 3.85% on Wed.
[01] Stocks surge 3.85% on Wed.
Stocks surged on Wednesday, supported by an improved climate in
European regional bond markets and an advance of prices in European
bourses. The composite index of the Athens Stock Exchange soared 3.85
pct to end at 1,474.35 points, reflecting strong gains in bank shares.
National Bank jumped 8.78 pct, Piraeus Bank was up 9.09 pct, Eurobank
soared 11.46 pct, Alpha Bank was up 9.6 pct, MIG rose 8.20 pct and
Hellenic Postbank rose 8.30 pct. OTE (-1.14 pct) was the only blue chip
stock to end lower. Turnover was an improved 119.591 million euros.
The Big Cap index rose 4.81 pct, the Mid Cap index ended 3.38 pct
higher and the Small Cap index ended 5.88 pct up. Bank (7.71 pct),
Technology (6.87 pct) and Financial Services (6.34 pct) scored the
biggest percentage gains, while Telecoms and Insurance fell 1.14 pct
each.
Broadly, advancers led decliners by 152 to 36 with another 46 issues
unchanged. Vardas (66.67 pct), Geniki Bank (25.48 pct) and Euroline
(19.82 pct) were top gainers, while Sfakianakis (10.26 pct), Elbisco
(9.80 pct) and HOL (9.80 pct) were top losers.
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