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MARKET NEWS

ASE climbs cautiously

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The General Index of Athens Stock Exchange remains in positive territory at the beginning of trading on Monday.

At the "top" of the FTSE20 index profits we note the share of NBG, reinforced earlier up to 4.79% at 1.75 euros, followed by Hellenic Postbank, PPC, MIG and  Alpha Bank.

In negative territory stand the shares of Ellaktor, Titan, OPAP, Jumbo, Motor Oil and Hellenic Petroleum.

“Stocks continued moving sideways on Friday, reflecting lack of fresh incentives and directions from the market”, said Beta Securities in a morning report.

According to the firm, the composite closed at 695.76 points, for a net loss of 2.62 pct in the week.

“Turnover remained thin at 16.711 million euros. Dispirited trading and low volumes to continue up to the elections. Focus on the detailed implementation of the economic program following the elections”, Beta added.
 
On the board, the General Index stands at 699.28 points up 0.51%, having been found earlier at 702.25 points.

The banking index rises 2.27% at 285.18 points.

So the trading volume reaches 3.3 million units worth 4.3 million euros, while 30 stocks climb, 21 decline and 14 remain unchanged.
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