Greek stocks end lower on profit taking

Gazzetta team 12 Αυγούστου 2015 - 22:00

Ανακαλύψτε περισσότερα άρθρα στα αποτελέσματα αναζήτησης.

Greek stocks declined on Wednesday pushing the general index below the 700 points, as investors took profits following four consecutive trading sessions which recorded gains totaling 9.60 pct. The composite index ended 1.93 pct lower to 691.40 points, off the day’s lows of 690.03 points.

Trading activity remained at very low levels, while the banking sector closed slightly higher. Turnover fell significantly compared to Tuesday’s session, ending at 43.159 million euros, while trading volume stood at 114,713,444 items.

The Large Cap index lost 2.88 pct and the Mid Cap index eased 0.62 pct.

The top gainers for the day among the blue chips were Alpha Bank (+3.05 pct), Lamda Development (+2.14pct), Folli Follie (+1.76 pct), Eurobank (+1.49 pct), Hellenic Exchanges (+1.01 pct) and National Bank (+0.79 pct).

The biggest drop among blue chips was recorded by the shares of Coca Cola HBC (-6.64 pct), ΟΠΑΠ (-5.00 pct), Athens Water (-4.07 pct), Terna Energy (-3.10 pct), Ellaktor (-3.03 pct), Piraeus Bank (-3.01 pct), Jumbo (-2.86 pct), Mytilinaios (-2.73 pct), PPC (-2.29 pct), Motor Oil (-2.27 pct) and OTE (-2.20 pct).

Broadly, decliners led advancers by 53 to 31 with another 16 issues unchanged. Nirefs (12.66 pct), Hygeia (10.09 pct) and Papoutsanis (9.57 pct) were top gainers, while Revoil (25.00 pct), Kekrops (23.26 pct) and Hellenic Sugar Industry (18.37 pct) were top losers.

Among market sectors, Health (10.10 pct), Insurances (2.86 pct) and Commerce (1.61 pct) scored gains, while Food & Beverages (-6.63 pct) and Travel & Leisure (-4.43 pct) suffered heavy losses.