Greek stocks end 8.3 pct down in November

Greek stocks ended significantly lower in the Athens Stock Exchange in November, with the composite index of the market falling 8.3 pct to end at 1,419.67 points. The FTSE/ASE 20 index fell 10.2 pct, the FTSE/ASE 40 index dropped 16.20 pct and the FTSE/ASE 80 index ended 13.7 pct lower in the month.

Hellenic Telecoms (21.6 pct) and Coca-Cola Hellenic Bottling (5.6 pct) were the only blue chip stocks to end higher in November, while Hellenic Postbank (28.2 pct), ATEbank (25.3 pct), MIG (24.7 pct), National Bank (17.5 pct), Viohalco (17.4 pct) and Cyprus Bank (14 pct) recorded the heaviest percentage losses.

In the medium capitalization index, Frigoglass (3.8 pct) and Metka (0.9 pct) were the only ones to record gains, while Geniki Bank (48.6 pct), Lambrakis Press (40 pct), Alapis (38.1 pct) and Forthnet (33.3 pct) suffered the heaviest losses.

In the small capitalization index, Neorio (7.2 pct), Dromeas (2.9 pct) and Euroconsultants (2.4 pct) recorded gains, while Sprider (45.5 pct), Alter (40 pct), Parnassos (36.3 pct) and Aspis Bank (36.1 pct) the heaviest losses.

The Telecoms and Food sectors were the only ones to end higher, while Insurance (14 pct), Commerce (17.2 pct), Banks (17 pct), Financial Services (19.6 pct), Technology (23.2 pct) and Media (32.9 pct) suffered losses.

Paperpack (60 pct), Interinvest (38.2 pct), Elbisco (37.8 pct), Euroline (26.1 pct) and Nafpaktos Spinn Mills (25 pct) were top gainers in the month, while Geniki Bank (48.6 pct), Sprider (45.5 pct), Vioter (45.2 pct) and Nutriart (44.4 pct) were top losers.