MARKET NEWS Monday, 9 November 2009 - 18:00 |
Greek Market Pushes Lower On Monday |
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The Greek Market ended below 2,700 on Monday on the back of pressures on banks, differentiating it self from its European peers.
Alpha Bank, which released 9M results today and placed more than 17 mil. pieces, Aspis Bank and Emporiki Bank were in focus. 116 stocks rose against 81 dropping on a total turnover of 194.2 mil. euro. Another 224.07 mil. euro were channeled to block trading. The General Index closed down 0.48% at 2,688.49, with the banking index registering a fluctuation range of 125 points, closing at -1.49%. Alpha Bank dropped as much as 11.57 euro with Marfin Egnatia Bank dipping 4.91%. Aspis Bank climbed 3.54%. FTSE20 and FTSE40 slowed 0.78% and 0.31% while FTSE80 advanced 0.28%. In FTSE20, ELPE and Titan climbed 2.45% and 1.84%, MOH and Mytilineos added 1.17% and 1.69%, with ATEBank and Ellaktor posting gains more than 1%.
Marfin Popular Bank, Viohalco, MIG and CCH registered smaller gains. On the contrary, Alpha Bank dipped 4.92%, followed by OPAP (-1.57%), Bank of Cyprus (-1.40%), NBG (-1.12% at 25.61%) with Eurobank, Hellenic Postbank and Piraeus Bank posting smaller losses. |
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