Greek stocks end lower on profit taking

Gazzetta team 29 Οκτωβρίου 2015 - 17:53

Greek stocks ended lower in the Athens Stock Exchange on Thursday, as investors took profits after a six-day rally in the market which pushed the composite index 6.17 pct higher.

Bank shares were at the focus of selling activity. The composite index fell 1.60 pct to end at 715.77 points, after rising as much as 0.52 pct early in the day. The Large Cap index dropped 1.99 pct and the Mid Cap index ended 1.49 pct lower. Turnover was a low 43.11 million euros, while volume was 182,568,703.

Motor Oil (1.34 pct) was the only blue chip to end higher, while Alpha Bank (6.47 pct), Piraeus Bank (6.0 pct), Eurobank (5.88 pct), National Bank (5.19 pct), Ellaktor (4.62 pct), Titan (4.32 pct) and Athens Water (3.39 pct) suffered the heaviest percentage losses of the day.

Among market sectors, Chemicals was the only gainer (1.47 pct), while Banks (5.67 pct), Constructions (3.93 pct) and Travel (2.44 pct) suffered heavy losses.

Broadly, decliners led advancers by 62 to 26 with another 22 issues unchanged. AEGEK (18.75 pct), Alpha Astika (18.67 pct) and Pegasus (16.67 pct) were top gainers, while Audiovisual (30 pct), Euromedica (19.92 pct) and Lavipharm (11.39 pct) were top losers.