ASE plummets below 1,250-point barrier

Strong downward pressures triggered by a worsening climate in international markets sent stocks plummeting on the Athens bourse on Thursday, driving the ASE composite index 2.33 percent lower to close below the 1,250 barrier, at 1,241.82 points. Turnover was a low 57.282 million euro.
The Big Cap index lost 2.8 percent, the Mid Cap index fell 1.37 percent and the Small Cap index ended 2.25 percent lower.
All blue chip stocks lost ground, with Alpha Bank (-4.80 percent), National Bank of Greece (-4.55 percent), Atebank (-4.07 percent), TT Hellenic Postbank (-3.93 percent) and Piraeus Bank (-3.77 percent) the top losers.
Individual sector indices were moving down across the board, with the greatest losses for Banks (-3.78 percent), Travel (-3.39 percent) and Technology (-3.41 percent).
Of the stocks move, advancers trailed decliners by 36 to 92, with 45 issues unchanged.

Sector indices ended as follows:
Insurance:  Unchanged
Industrials:  -1.31%
Commercial:  -0.21%
Construction:  -2.18%
Media:  Unchanged
Oil & Gas:  -1.40%
Personal & Household:  -0.22%
Raw Materials:  -1.86%
Travel & Leisure:  -3.39%
Technology:  -3.41%
Telecoms:  -1.61%
Banks:  -3.78%
Food & Beverages:  -2.09%
Health:  -0.70%
Utilities:  -0.13%
Chemicals:  -1.37%
Financial Services:  -1.35%

The stocks with the highest turnover were National Bank, Coca Cola 3E, DEH and Alpha Bank.

Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank:  3.17
ATEbank:  1.18
Public Power Corp (PPC):  9.40
HBC Coca Cola:  18.60
Hellenic Petroleum:  6.29
National Bank of Greece:  4.61
EFG Eurobank Ergasias:  3.07
OPAP:  10.79
OTE:  6.10
Bank of Piraeus:  1.02
Titan:  16.30

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