Greek Stocks: Hellenic Exchanges, S&B Industrial, National Bank
Greece’s ASE Index rose 14.11, or 0.9 percent, to 1,541.02, advancing for a third day
The following stocks were among the most active in Athens trading today. Symbols are in parentheses.
Hellenic Exchanges SA (EXAE GA) dropped 1.2 percent to 5.78 euros, snapping a two day rise. The operator of the Athens bourse said profit in the first nine months of the year declined 49 percent to 14.2 million euros ($19.8 million). Euroxx Securities kept it’s “equalweight” rating on the company, saying earnings for the period were “weak” on lower average daily sales and reduced tariffs, according to an e-mailed note today.
National Bank of Greece SA (ETE GA) gained for a third day. rising 1.6 percent to 7.78 euros. Greece’s biggest lender said it secured 4.7 billion euros in financing from international markets following its combined rights and convertible bonds offer that raised 1.8 billion euros to bolster capital.
S&B Industrial Minerals SA (ARBA GA) advanced 4.2 percent to 3.7 euros, adding to a 4.7 percent rise yesterday. The Greek minerals and materials group reported nine-month net income rose to 13.1 million euros from 3.7 million euros in the same period a year earlier.
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