Stocks end sharply lower

Stocks ended the last trading session of a highly volatile week with sharp losses at the Athens Stock Exchange on Friday, following a similar trend in other European markets. The composite index dropped 3.98 pct to end at 891.93 points, for a net gain of 1.35 pct in the week. The index is down 36.92 pct so far this year. Turnover remained a low 55.352 million euros.
The Big Cap index dropped 4.61 pct, the Mid Cap index fell 2.28 pct and the Small Cap index eased 0.72 pct. All blue chip stocks suffered losses with Hellenic Postbank (10.16 pct), Alpha Bank (9.26 pct), Eurobank (7.19 pct), Ellaktor (7.18 pct) and National Bank (6.31 pct) recording the biggest percentage losses.
The Technology (3.57 pct), Insurance (2.38 pct) and Health (0.26 pct) sectors scored gains, while Telecoms (6.25 pct) and Banks (5.82 pct) suffered the heaviest percentage losses of the day.
Broadly, decliners led advancers by 92 to 40 with another 44 issues unchanged. CPI (20 pct), Intrakat (16.98 pct) and Minerva (10 pct) were top gainers, while Dromeas (16.67 pct), Varvaressos (16.67 pct) and Audiovisual (13.04 pct) were top losers.

Sector indices ended as follows:
Insurance:     +2.38%
Industrials:     -0.81%
Commercial:     -2.05%
Construction:     -3.80%
Oil & Gas:     -3.83%
Personal & Household:     -1.34%
Raw Materials:     -3.81%
Travel & Leisure:     -3.84%
Technology:     +3.57%
Telecoms:     -6.25%
Banks:     -5.82%
Food & Beverages:     -2.43%
Health:     +0.26%
Utilities:     -3.81%
Chemicals:     -3.47%
Financial Services:     -3.63%

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

Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank:     1.96
Public Power Corp (PPC):     5.75
HBC Coca Cola:     14.00
Hellenic Petroleum:     5.67
National Bank of Greece:     2.97
EFG Eurobank Ergasias:     1.42
OPAP:     8.45
OTE:     4.20
Bank of Piraeus:     0.59
Titan:     13.11

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