Greek stocks ended lower in the ASE on Wednesday

Greek stocks ended lower in the Athens Stock Exchange on Wednesday, reversing a three-day rally which pushed the general index of the market 3.99 pct higher. The index fell 1.39 pct to end at 799.31 points, hit by a wave of selling in bank shares. The index fell as much as 1.78 pct during the session.

The Large Cap index eased 1.66 pct and the Mid Cap index fell 1.90 pct. Turnover was a low 50.142 million euros in volume of 30,485,273 shares. Mytilineos (2.14 pct), Sarantis (1.43 pct) and Athens Water (1.20 pct) scored big gains among blue chip stocks, while Eurobank (4.68 pct), National Bank (4.13 pct) and Piraeus Bank (3.93 pct) suffered heavy losses. Among market sectors, Raw Materials (2.04 pct) and Commerce (0.40 pct) scored big gains, while Banks (3.55 pct), Food (2.65 pct) and Health (2.46 pct) suffered losses.

National Bank and Alpha Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 76 to 37 with another 23 issues unchanged. Varvaressos (20 pct), SATO (19.66 pct) and Livanis Publications (19.59 pct) were top gainers, while Leventeris (29.53 pct), Kreka (20 pct) and Dionic (15.38 pct) were top losers.