Stocks on the Athens bourse lost yet more ground on Thursday in another highly volatile session, in which the market index never once exceeded 1,000 points. Mid-session losses were partially recovered following the announcement of a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy in Paris next Tuesday. By the end of the session the composite index of the market had lost 0.60 pct to close at 976.17 points. Turnover was 66.550 million euros.
The Big Cap index fell 0.59 pct, the Mid Cap index fell 0.95 pct higher and the Small Cap index fell 2.43 pct. The highest gains among blue-chip stocks were for OTE (+2.78 pct), OPAP (+2.26 pct) and PPC (+2.08 pct). Motor Oil (-4.40 pct), Ellaktor (-3.90 pct), National Bank of Greece (-3.42 pct), and T.T. (-2.17 pct) were top losers.
The Telecommunications (+2.78 pct), Travel (+2.19 pct) and Public Utilities (+1.68 pct) sectors scored the highest gains, while the heaviest percentage losses of the day were in Media (-8.82 pct), Health (-5.45 pct) and Chemicals (-4.08 pct). Broadly, decliners led advancers by 98 to 45 with another 40 issues unchanged.
NEL (+11.76 pct), Varvaressos (+9.09 pct) and Medicon (+8.86 pct) were top gainers, while AXON Holding (-12.00 pct), Attica Publications (-9.84 pct), Levenderis (-9.09 pct) and Kanakis (-9.09 pct) were top losers.
Sector indices ended as follows:
Oil & Gas: -1.31%
Personal & Household: -1.22%
Raw Materials: -2.11%
Travel & Leisure: +2.19%
Food & Beverages: -1.39%
Financial Services: +0.34%
The stocks with the highest turnover were National Bank, OPAP, Alpha Bank and HBC Coca Cola.
Selected shares from the FTSE/ASE-20 index
closed in euros as follows:
Alpha Bank: 2.61
Public Power Corp (PPC): 5.89
HBC Coca Cola: 14.30
Hellenic Petroleum: 5.78
National Bank of Greece: 3.95
EFG Eurobank Ergasias: 2.24
Bank of Piraeus: 0.70