Greek stocks end down, off the day’s lows

Greek stocks ended lower in the Athens Stock Exchange on Tuesday, but off the day’s lows as signs of stabilization in Wall Street after Monday’s massive sell-off, helped the domestic market to significantly reduce its initial losses.

The general index of the market fell 1.74 pct to end at 838.80 points, off the day’s lows of 814.96 points. The Large Cap index dropped 1.84 pct and the Mid Cap index ended 1.95 pct lower. Turnover was a strong 118.343 mllion euros, in volume of 82,876,194 shares.

Sarantis (1.04 pct), Aegean Airlines (0.91 pct), Terna Energy (0.21 pct) and National Bank (0.13 pct) scored gains among blue chip stocks, while Jumbo (3.66 pct), Piraeus Bank (3.38 pct), Athens Water (3.15 pct) and Piraeus Port (3.13 pct) suffered heavy losses. Among market sectors, Technology (1.85 pct) and Health (1.02 pct) scored gains, while Personal Products (3.21 pct), Food (2.72 pct) and Oil (2.59 pct) suffered losses. National Bank and Eurobank were the most heavily traded securities of the day. Broadly, decliners led advancers by 91 to 36 with another 20 issues unchanged. Lanakam (27.84 pct), Varvaresos (20 pct) and Chatzikraniotis (12.93 pct) were top gainers, while Yalco (19.89 pct), Boutaris (18.89 pct) and AEGEK (13.89 pct) were top losers.