Greek stocks soared to new 2015 highs in the Athens Stock Exchange (ASE) on Tuesday, moving in line with the domestic bonds market, in the aftermath of an agreement between Greece and its creditors on Friday, and the approval of a reform list and a four-month extension of the Greek program by a Eurogroup teleconference meeting today. The market’s composite index surpassed the 900-point level to reach 937.96 points, up 9.81%. The index is up 13.53% so far this year. The Large Cap index jumped 10.92% and the Mid Cap index ended 8.43% higher. Turnover was a heavy 253.30 million euros. All blue chip stocks ended higher, with Piraeus Bank (19.97%), Alpha Bank (17.03%), National Bank of Greece (16.67%), MIG (16.22%), Eurobank (16.0%), OTE (15.98%) and GEK Terna (14.29%) scoring the day’s biggest percentage gains. All market sectors moved higher, with Banks (17.25%), Telecoms (15.98%), Real Estate (12.91%) and Utilities (12.33%) scoring the biggest gains. Broadly, advancers led decliners by 116 to 25 with another 11 unchanged. Piraeus Bank (19.97%), Lamda Development (17.91%) and Alpha Bank (17.03%) were the top gainers, while MIG Real Estate (20%), Epsilon (19.44%) and Attikat (18.75%) were the top losers. (source: ana-mpa)
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