Greek Stocks Snap Seven-Day Loss: Fourlis Holdings, Motor Oil Hellas Move
The ASE Index rose 0.67, or 0.1 percent, to 1,434.89 as of 11:45 a.m. in Athens, snapping seven days of losses.
The following stocks are among the most active in Athens trading today. Symbols are in parentheses.
Fourlis Holdings SA (FOYRK GA) lost 3.5 percent to 7 euros, snapping a three-day advance. The Ikea franchise holder for Cyprus, Bulgaria and Greece had its share-price estimate cut to 8.30 euros from 10.30 euros at HSBC Holdings Plc.
Motor Oil Hellas SA (MOH GA) advanced 1.7 percent to 7.32 euros, paring a 3.4 percent drop yesterday. Greece’s second- biggest refiner completed its acquisition of Royal Dutch Shell Plc’s Greek operations and liquid-gas unit for 245.6 million euros ($299.9 million), according to an Athens bourse filing.