Stocks ended significantly lower at the Athens Stock Exchange on Tuesday in the wake of Monday's downgrading of the Greek economy by Moody's. The composite index dropped 3.81 pct to end at 1,525.50 points. Turnover was a moderate to low 133.55 million euros.

The Big Cap index fell 4.53 pct, the Mid Cap index dropped 3.05 pct and the Small Cap index fell 4.20 pct.

All indexes moved lower, with Banks (6.26 pct) suffering the biggest losses.

Broadly, decliners led advancers by 143 to 20 with another 30 issues unchanged.

Sector indices ended as follows:

Insurance:

-3.23%

Industrials:

-2.97%

Commercial:

-2.29%

Construction:

-4.18%

Media:

-4.97%

Oil & Gas:

-2.31%

Personal & Household:

-2.52%

Raw Materials:

-4.56%

Travel & Leisure:

-2.37%

Technology:

-3.53%

Telecoms:

-0.27%

Banks:

-6.26%

Food & Beverages:

-3.37%

Health:

-5.58%

Utilities:

-3.07%

Chemicals:

-0.25%

Financial Services: -

5.32%

 

The stocks with the highest turnover were National Bank, Alpha Bank, OPAP and Piraeus Bank.

 

Selected shares from the FTSE/ASE-20 index

closed in euros as follows:

Alpha Bank:

4.69

ATEbank:

0.73

Public Power Corp (PPC):

11.10

HBC Coca Cola:

19.69

Hellenic Petroleum:

7.27

National Bank of Greece:

6.15

EFG Eurobank Ergasias:

4.30

OPAP:

15.50

OTE:

7.50

Bank of Piraeus:

1.40

Titan:

17.00