Greek Stocks: Alpha Bank, EFG Eurobank, Intralot, National Bank
Greece’s benchmark ASE Index rose 3.34, or 0.2 percent, to 1,445.86 at the 5:20 p.m. close in Athens today. The gauge climbed 4 percent this week, erasing a 1.6 percent loss a week earlier.
The FTSE/ASE 20 Index of the country’s biggest companies advanced 0.4 percent to 679.74 today. The Cypriot General Index dropped 1.3 percent 1,032.14.
The following shares were among the most active in Athens trading today. Symbols are in parentheses.
Alpha Bank SA (ALPHA GA) added 3 percent to 3.81 euros, rising for a fourth day. EFG Eurobank Ergasias SA (EUROB GA) advanced 2.4 percent to 3.79 euros, adding to gains earlier this week. National Bank of Greece SA (ETE GA) rose 1.7 percent to 6.55 euros, marking a 8.4 percent jump this week.
European Union Financial Services Commissioner Michel Barnier said Greek banks are in the “correct” situation, at a press conference in Athens today.
Separately, Greek Finance Minister George Papaconstantinou said the country is “standing upright and moving forward,” according to comments made in parliament in Athens today.
Intralot SA (INLOT GA) advanced for a fourth day, gaining 1.7 percent to 2.4 euros. U.K.-based EOC Equity Ltd., which holds shares on behalf of Nakula Management Ltd, acquired shares in the world’s second-biggest gambling services provider, increasing its stake to 5.04 percent, according to an Athens bourse filing.
To contact the reporter on this story: Natalie Weeks in Athens firstname.lastname@example.org.