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Athens News Agency: News in English, 11-07-13

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

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] ADEX closing report
  • [02] Stocks below 1,200-mark

  • [01] ADEX closing report

    (ANA-MPA) -- The September contract on the FTSE 20 index was trading at a premium of 0.98 pct in the Athens Derivatives Exchange on Wednesday, with turnover remaining a low 36.732 million euros. Volume on the Big Cap index totaled 11,629 contracts worth 30.267 million euros, with 30,638 short positions in the market.

    Volume in futures contracts on equities totaled 23,279 contracts worth 6.465 million euros, with investment interest focusing on National Bankâs contracts (6,523), followed by Eurobank (2,089), MIG (774), PPC (737), Piraeus Bank (4,428), Alpha Bank (1,405), Marfin Popular Bank (549), Cyprus Bank (1,263), Hellenic Postbank (412) and ATEbank (3,271).

    &copy; ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A.

    Reproduction of ANA-MPA content by visitors of this website is strictly forbidden.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    [02] Stocks below 1,200-mark

    Stocks remained under pressure for the eighth consecutive session in the Athens Stock Exchange on Wednesday, pushing the composite index of the market below the 1,200 level. Rumors of an imminent downgrading of the Greek economy by Fitch credit rating further undermined sentiment in the market. The index fell 2.15 pct to end at 1,190.30 points, for a loss of 9.03 pct in the last eight sessions. Bank shares were mostly hit, while turnover remained a low 83.125 million euros.

    The Big Cap index dropped 2.90 pct, the Mid Cap index fell 2.02 pct and the Small Cap index ended 1.84 pct lower. Motor Oil (0.88 pct) and Hellenic Petroleum (0.32 pct) were the only blue chip stocks to end higher, while ATEbank (14.67 pct), Mytilineos (8.35 pct), Alpha Bank (5.68 pct) and Eurobank (5.37 pct) were major losers.

    The Media (7.89 pct), Oil (0.53 pct) and Chemicals (0.37 pct) sectors scored gains, while Health (5.32 pct), Banks (4.66 pct) and Utilities (3.77 pct) sectors suffered the heaviest percentage losses of the day.

    Broadly, decliners led advancers by 103 to 41 with another 39 issues unchanged. G.E. Demetriou (20 pct), Iktinos (9.89 pct) and Petropoulos (8.5 pct) were top gainers, while ATEbank (14.67 pct), Tegopoulos (12.5 pct) and Boutaris (11.11 pct) were top losers.

    &copy; ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A.

    Reproduction of ANA-MPA content by visitors of this website is strictly forbidden.

    More details on the subscriber's page of ANA-MPA | Subscription request form


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