Stocks end significantly lower

Stocks ended significantly lower at the Athens Stock Exchange on Monday, following a downward trend in other European markets, with investors’ interest focusing on the outcome of a teleconference between the Greek finance minister with the 'troika' representatives later in the day.
The composite index of the market fell 1.70 pct to end at 850,22 points, after falling to new lows for the year (833.65 points) during the session. Turnover fell to a low 62.146 million euros.
The Big Cap index fell 2.15 pct, the Mid Cap index eased 2.5 pct and the Small Cap index ended 1.73 pct lower. Coca-Cola 3E (0.39 pct) was the only blue chip stock to end higher, while Marfin Popular Bank (7.5 pct), OTE (5.15 pct), Ellaktor (5.0 pct), Hellenic Postbank (3.60 pct), PPC (3.51 pct) and Piraeus Bank (3.28 pct) suffered losses.
The Chemicals (1.37 pct) and Food (0.34 pct) sectors scored gains, while Insurance (6.52 pct), Health (6.17 pct) and Telecoms (5.15 pct) suffered the heaviest percentage gains of the day. Broadly, decliners led advancers by 100 to 41 with another 60 issues unchanged. Kathimerini (10 pct), Elgeka (8.70 pct) and Nakas (8.33 pct) were top gainers, while Kordellos Bros (20 pct), Akritas (18.75 pct) and Imperio (17.65 pct) were top losers.

Sector indices ended as follows:
Insurance:  -6.52%
Industrials:  -1.06%
Commercial:  -2.17%
Construction:  -1.53
Oil & Gas:  -2.50%
Personal & Household:  -1.00%
Raw Materials:  -3.57%
Travel & Leisure:  -0.93%
Technology:  -3.62%
Telecoms:  -5.15%
Banks:  -2.61%
Food & Beverages:  +0.34%
Health:  -6.17%
Utilities:  -2.98%
Chemicals:  +1.37%
Financial Services:  -3.21%

The stocks with the highest turnover were OPAP, Bank of Cyprus, National Bank and OTE.

Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank:  1.65
Public Power Corp (PPC):  6.32
HBC Coca Cola:  13.00
Hellenic Petroleum:  6.00
National Bank of Greece:  3.13
EFG Eurobank Ergasias:  1.17
OPAP:  7.45
OTE:  3.50
Bank of Piraeus:  0.59
Titan:  11.70

Εγγραφείτε στο newsletter μας

Ενημερωθείτε πρώτοι για τα τελευταία νέα, αποκλειστικά ρεπορταζ και ειδήσεις απο όλο τον κόσμο