Stocks end 1.49% lower

Stocks resumed their downward trend at the Athens Stock Exchange on Wednesday as investors took early profits following Tuesday’s sharp advance of prices.
The composite index of the market fell 1.49 pct to end at 1,289.99 points, after rising as much as 1.16 pct during the session. Turnover remained a heavy 127.037 million euros. The Big Cap index fell 1.52 pct, the Mid Cap index ended 1.24 pct lower and the Small Cap index eased 0.70 pct.

MIG (3.57 pct), PPC (3.15 pct), Ellaktor (1.94 pct) and OTE (1.13 pct) were top gainers among blue chip stocks, while Cyprus Bank (5.65 pct), OPAP (4.31 pct), Coca-Cola 3E (3.31 pct) and Eurobank (2.83 pct) were top losers. The Financial Services (2.68 pct), Health (2.48 pct) and Insurance (2.04 pct) sectors scored gains, while Travel (4.20 pct), Food (3.23 pct) and Banks (1.97 pct) suffered the heaviest percentage losses of the day.

Broadly, decliners led advancers by 75 to 56 with another 49 issues unchanged. NEL (12 pct), Aegean Airlines (11.76 pct), Fieratex (9.09 pct) and AXON Holdings (8.20 pct) were top gainers, while Attica Publications (14.81 pct), Kyriakoulis (8.51 pct), Nafpaktos Spinn Mills (8.33 pct) and ELBE (7.55 pct) were top losers.

Sector indices ended as follows:
Insurance:  +2.04%
Industrials: -0.90%
Commercial:  -0.64%
Construction: -0.27%
Media: Unchanged
Oil & Gas: -0.90%
Personal & Household: -0.03%
Raw Materials: -0.40%
Travel & Leisure: -4.20%
Technology: -1.68%
Telecoms: +1.13%
Banks: -1.97%
Food & Beverages: -3.23%
Health: +2.48%
Utilities: +2.68%
Chemicals: +0.70%
Financial Services: -0.20%

The stocks with the highest turnover were National Bank, OPAP, Eurobank and Coca Cola 3E.

Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank: 3.12
ATEbank: 3.90
Public Power Corp (PPC): 9.50
HBC Coca Cola: 17.50
Hellenic Petroleum: 6.64
National Bank of Greece: 4.80
EFG Eurobank Ergasias: 3.09
OPAP: 12.20
OTE: 7.18
Bank of Piraeus: 1.02
Titan: 16.90