ECONOMY

Climb stops a breath short of 4,700 points

Greek stocks showed a mixed picture yesterday, opening in an upbeat mood which sent the Athens Stock Exchange (ASE) general index well past the 4,700-point barrier, but failed to keep up the momentum later. In the end, it closed just a breath away from the mark, at 4,699.75 points, with a gain of 0.03 percent and a drop in turnover. Banks again led blue chip gains, with Eurobank adding 1.82 percent and Postal Savings up 1.68 percent. Hellenic Petroleum continued rising, closing 1.25 percent higher. National Bank advanced 1.23 percent. Public Power Corporation and Motor Oil also ended higher, while Piraeus Bank, OPAP and Titan were stable. By contrast, Intralot tumbled 2.92 percent, Cosmote lost 1.69 percent, Alpha Bank slipped 1.50 percent and OTE telecoms ended down 1.11 percent. The blue chip FTSE/ASE 20 index was 0.05 percent higher, the FTSE/ASE Mid-40 gained 0.13 percent and the FTSE/ASE Small-Cap 80 slipped 0.06 percent. Sectoral indices were mixed, with oil and gas gaining 1.04 percent and media declining 1.69 percent. Turnover totaled 469.35 million euros, of which 149 million was accounted for by banks National and Piraeus.