Stocks significantly lower

Stocks ended significantly lower at the Athens Stock Exchange pushing the composite index of the market below the 1,400 support level. Bank shares came under strong selling pressure, with Piraeus Bank losing 11.76 pct of its value. The index dropped 1.63 pct to end at 1,396.58 points, with turnover a low 73.270 million euros.

The Big Cap index dropped 2.06 pct, the Mid Cap index ended 2.08 pct down and the Small Cap index fell 1.18 pct. The Telecoms (2.76 pct) and Media (0.90 pct) sectors scored gains, while Banks (3.65 pct) and Financial Services (5.14 pct) suffered the heaviest percentage losses of the day.

Broadly, decliners led advancers by 121 to 38 with another 43 issues unchanged.

Tzirakian (10 pct), Sidma (10 pct), Ideal (9.80 pct) were top gainers, while Altec (12.5 pct), Piraeus Bank (11.76 pct) and Viosol (11.11 pct) were top losers.

 

Sector indices ended as follows:
Insurance:	-2.90%
Industrials:	-2.09%
Commercial:	-0.28%
Construction:	-0.26%
Media:	+0.90%
Oil & Gas:	-0.07%
Personal & Household:	-0.94%
Raw Materials:	-1.17%
Travel & Leisure:	-0.71%
Technology:	-1.65%
Telecoms:	+2.76%
Banks:	-3.65%
Food & Beverages:	-0.70%
Health:	-2.66%
Utilities:	-1.66%
Chemicals:	+0.82%
Financial Services:	-5.14%

 

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

 

Selected shares from the FTSE/ASE-20 index closed in euros as follows:
Alpha Bank:	3.74
ATEbank:	0.69
Public Power Corp (PPC):	10.78
HBC Coca Cola:	19.27
Hellenic Petroleum:	5.86
National Bank of Greece:	6.08
EFG Eurobank Ergasias:	3.55
OPAP:	12.85
OTE:	6.32
Bank of Piraeus:	3.15
Titan:	16.30