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Athens News Agency: News in English, 10-01-07

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Samaras calls for talks on election reforms
  • [02] Stocks end 1.43% higher

    • [01] Samaras calls for talks on election reforms

    Main opposition New Democracy (ND) President Antonis Samaras on Thursday addressed the issue of election law reforms in letters sent to Prime Minister George Papandreou and the leaders of the political parties in Parliament.

    Samaras stated that "apparently, there is no agreement as regards election law reform", while he called for cross-party consultation without preconditions.

    He underlined that such consultations will help "record possible agreements and unbridgeable disagreements, allowing the drawing up of a specific draft law based on mutually acceptable principles."

    The ND president added that there could be agreement on certain points, such as, cutting in size the very large electoral districts. He clarified, however, that suggestions for "two-speed" parliament MPs or the general adoption of one-seat electoral districts was not acceptable.

    [02] Stocks end 1.43% higher

    Stocks ended significantly higher at the Athens Stock Exchange on Thursday, pushing the composite index of the market above the 2,300 level again. The index rose 1.43 pct to close at 2,310.11 points, with turnover rising further to 256.298 million euros.

    The FTSE 20 index jumped 1.56 pct, the FTSE 40 index rose 0.78 pct and the FTSE 80 index ended 0.97 pct higher. The Oil (3.72 pct) and Insurance (3.32 pct) indexes scored the biggest percentage gains of the day, while Utilities (0.83 pct) and Chemicals (0.24 pct) suffered losses.

    Broadly, advancers led decliners by 146 to 48 with another 48 issues unchanged. Elfico (19.12 pct), United Textiles (16.67 pct), Pairis (15.87 pct), Klonatex (12.5 pct) and Desmos (10.0 pct) were top gainers, while Plias (10 pct), Texapret (9.09 pct), Boutaris (8.33 pct), Kyriakoulis (7.84 pct) and Sound-Vision (7.14 pct) were top losers.

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