Stocks continue moving lower

Stocks ended lower at the Athens Stock Exchange on Thursday, reversing an early advance, as sellers took the upper hand in the market late at the session, copying Wednesday’s behavior. The composite index of the market fell 0.44 pct to end at 1,322.27 points, after rising as much as 1.03 pct during the day. Turnover was a low 90.595 million euros.
The Big Cap index fell 0.60 pct, the Mid Cap index ended 0.21 pct down and the Small Cap index fell 0.56 pct. Motor Oil (3.5 pct), Coca-Cola 3E (1.67 pct) and Cyprus Bank (0.90 pct) were top gainers among blue chip stocks, while ATEbank (3.77 pct), Viohalco (3.35 pct), MIG (3.39 pct) and Hellenic Petroleum (3.37 pct) were top losers.

The Media (4.48 pct), Food (1.66 pct) and Chemicals (1.51 pct) scored gains, while the Health (6.67 pct) and Telecoms (2.70 pct) suffered the heaviest percentage losses of the day. Broadly, decliners led advancers by 74 to 65 with another 41 issues unchanged. Athens Electronic (19.35 pct), Pegasus (9.09 pct) and Kyriakoulis (8.33 pct) were top gainers, while Unibios (16.67 pct), Alapis (15.56 pct) and Paperpack (10 pct) were top losers.

Sector indices ended as follows:
Insurance:  Unchanged
Industrials:  -1.43%
Commercial:  -0.18%
Construction:  -0.35%
Media:  +4.48%
Oil & Gas:  -0.95%
Personal & Household:  -1.77%
Raw Materials:  -0.02%
Travel & Leisure:  +0.14%
Technology:  -0.03%
Telecoms:  -2.70%
Banks:  -0.50%
Food & Beverages:  +1.66%
Health:  -6.67%
Utilities:  -1.11%
Chemicals:  +1.51%
Financial Services:  -1.05%

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

Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank:  3.44
ATEbank:  0.51
Public Power Corp (PPC):  10.15
HBC Coca Cola:  17.68
Hellenic Petroleum:  6.89
National Bank of Greece:  4.78
EFG Eurobank Ergasias:  3.26
OPAP:  13.40
OTE:  6.84
Bank of Piraeus:  1.04
Titan:  16.95