Stocks ended lower at the Athens Stock Exchange on Wednesday, as a warning by Standard & Poor’s over a possible downgrade of the Greek economy undermined sentiment in the market.

The composite index of the market fell 0.63 pct to end at 1,569.92 points, off the day’s lows of 1,545 points. Turnover was a disappointing 111.262 million euros. OPAP (3.27 pct), Jumbo (2.46 pct) and Ellaktor (1.80 pct) were top gainers among blue chip stocks, while ATEbank (3.85 pct), Cyprus Bank (3.32 pct), Viohalco (2.86 pct) and Alpha Bank (2.39 pct) were top losers.

The Big Cap index index fell 0.63 pct, the Mid Cap index ended 1.67 pct lower and the Small Cap index fell 0.92 pct. The Travel (2.78 pct) and Personal Products (1.03 pct) sectors scored gains, while Media (2.70 pct) and Health (2.62 pct) suffered the heaviest percentage losses of the day.

Broadly, decliners led advancers by 94 to 54 with another 53 issues unchanged. Attikat (16.67 pct), Mouzakis (10 pct) and Nakas (8.99 pct) were top gainers, while Eurobrokers (9.0 pct), AEGEK (9.09 pct) and Avenir (8.82 pct) were top losers.

 

Sector indices ended as follows:

Insurance:

-0.88%

Industrials:

-2.02%

Commercial:

-1.27%

Construction:

-0.11%

Media:

-2.70%

Oil & Gas:

-0.58%

Personal & Household:

+1.03%

Raw Materials:

-1.59%

Travel & Leisure:

+2.78%

Technology:

-2.04%

Telecoms:

-1.37%

Banks:

-1.53%

Food & Beverages:

-1.09%

Health:

-2.62%

Utilities:

+0.32%

Chemicals:

+0.39%

Financial Services:

-0.42%

The stocks with the highest turnover were National Bank, Alpha Bank, OPAP and Bank of Cypru

Selected shares from the FTSE/ASE-20 i

ndex closed in euros as follows:

Alpha Bank:

4.90

ATEbank:

0.75

Public Power Corp (PPC):

11.72

HBC Coca Cola:

19.78

Hellenic Petroleum:

7.40

National Bank of Greece:

6.65

EFG Eurobank Ergasias:

4.57

OPAP:

15.80

OTE:

7.20

Bank of Piraeus:

1.56

Titan:

16.86