Stocks ended slightly lower at the Athens Stock Exchange on Monday, as investors took profits after a four-day rally in the market last week. A warning by S&P that it could cut Greece’s credit rating to selective default if Europe approved a French plan for a rollover of Greek debt including the voluntary participation of private investors, dampened sentiment in the market. The composite index fell 0.16 pct to end at 1,306.45 points, finding strong support at the 1,300 level.
Turnover was a low 77.316 million euros. The Big Cap index eased 0.09 pct, the Mid Cap index rose 0.11 pct and the Small Cap index ended 0.11 pct higher.
ATEbank (19.87 pct), Viohalco (1.75 pct) and PPC (1.55 pct) were top gainers among blue chip stocks, while Marfin Popular Bank (3.08 pct), Ellaktor (2.38 pct) and Hellenic Petroleum (2.12 pct) were top losers.
The Chemicals (3.43 pct), Insurance (2.04 pct) and Utilities (1.77 pct) scored the biggest percentage gains of the day, while Media (5.13 pct), Financial Services (2.71 pct) and Oil (1.67 pct) suffered losses.
Broadly, decliners led advancers by 75 to 69 with another 49 issues unchanged. Euromedica (20 pct), ATEbank (19.87 pct) and AXON Holdings (19.44 pct) were top gainers, while Boutaris (10 pct), Xylemporia (10 pct) and Eurobrokers (9.62 pct) were top losers.
Sector indices ended as follows:
Oil & Gas: -1.67%
Personal & Household: +0.15%
Raw Materials: -0.31%
Travel & Leisure: +0.47%
Food & Beverages: +0.60%
Financial Services: -2.71%
The stocks with the highest turnover were National Bank, OPAP, Eurobank and DEH.
Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank: 3.70
Public Power Corp (PPC): 10.50
HBC Coca Cola: 18.67
Hellenic Petroleum: 6.46
National Bank of Greece: 5.20
EFG Eurobank Ergasias: 3.40
Bank of Piraeus: 1.10