Greek Stocks: Anek Lines, Hellenic Bank, Marfin Popular, Public Power Move
Greece’s ASE Index advanced 25.03, or 1.6 percent, to 1,572.04 at 1:46 p.m. in Athens, on course for a third day of gains.
The following shares were among the most active in Athens trading today. Symbols are in parentheses.
Anek Lines SA (ANEK GA) dropped 3.5 percent to 28 cents. The Greek ferry operator posted a first-half net loss of 28.5 million euros ($36.4 million), compared with a 16 million-euro loss a year earlier.
Hellenic Bank of Cyprus Pcl (HB CY) added 1 percent to 1.03 euros, rising for a second day. The Cypriot lender reported a first-half net income of 11.1 million euros compared with a profit of 2 million euros in the year ago period.
Marfin Popular Bank Pcl (MARFB GA) rose 1.2 percent to 1.63 euros, gaining for a third day. The second-biggest lender on Cyprus may bid for a stake in Greece’s Hellenic Postbank SA if the Athens government decides to sell its 33 percent holding, Stockwatch reported, without saying how it got the information.
Opap SA (OPAP GA) advanced 3.8 percent to 11.73 euros. Europe’s largest listed gambling company will perform “solidly” even as Greece faces economic difficulties, Chief Executive Officer Ioannis Spanoudakis said from Athens on a conference call.
Public Power Corp. SA (PPC GA) added 0.7 percent to 11.67 euros, snapping eight days of losses. Greece’s biggest electricity producer confirmed press reports it is examining cooperation on the development of a solar park in western Macedonia. No final decisions have been taken, the company said.