Greek equities ended the trading day higher on Friday, with breadth tilted toward gainers as Banking, Construction and Travel stocks provided upward momentum.
Index performance - The Athens General Composite rose 1.07% to reach a new five-year high. Advancers outnumbered decliners on the Athens Stock Exchange by 63 to 48, while 21 issues finished unchanged.
Top movers - Among individual issues, Motor Oil Hellas Corinth Refineries SA (AT:MORr) led the session's winners, advancing 2.93% or 1.90 points to close at 66.70. Piraeus Bank SA (AT:BOPr) gained 2.81% or 0.30 points to finish at 10.80, and Optima bank SA (AT:OPTIMAr) rose 2.66% or 0.34 points to end at 13.10.
Laggers - On the downside, Lavipharm SA (AT:LPHr) fell 1.38% or 0.02 points to close at 1.57. Orilina Properties AEEAP (AT:ORILINAr) eased 1.19% or 0.01 points to 0.83, and Noval Property Real Estate Investment Co (AT:NOVALr) declined 1.17% or 0.03 points to 2.54.
Notable milestones - Shares of Piraeus Bank SA moved to five-year highs, with the stock rising 2.81% to 10.80. Optima bank SA recorded an all-time high, advancing 2.66% to 13.10.
Commodities and currencies - In commodities trading, Gold Futures for December delivery was up 0.31% or 13.85 to $4,421.15 a troy ounce. Energy prices were lower: Crude oil for October delivery fell 3.36% or 3.44 to $99.04 a barrel, while the November Brent contract declined 2.98% or 3.21 to trade at $104.42 a barrel.
Currency movements were muted. EUR/USD was effectively unchanged, moving 0.03% to 1.16, while EUR/GBP was unchanged, moving 0.02% to 0.86. The US Dollar Index Futures was down 0.03% at 99.01.
This session’s action left Greek equities at stronger levels on balance, with select banks and industrial names among the day's primary contributors to the advance, while a handful of property and healthcare stocks weighed on the market's performance.
Market snapshot
- Athens General Composite: +1.07% (new 5-year high)
- Advancers/Decliners: 63 / 48, Unchanged: 21
- Top gainer: Motor Oil Hellas Corinth Refineries SA (AT:MORr) +2.93% to 66.70
- Top decliner: Lavipharm SA (AT:LPHr) -1.38% to 1.57