Greek stocks ended lower in the Athens Stock Exchange on Monday, reversing a three-day rally in the market during which the composite index had risen 2.81 pct. Investors’ interest focused on an IMF board meeting late on Monday in Washington. The index fell 1.30 pct to end at 620.75 points, off the day’s lows of 618.19 points. The Large Cap index dropped 1.46 pct and the Mid Cap index ended 0.61 pct lower. Turnover was a thin 27.376 million euros in volume of 47,679.269 shares.
Mytilineos (2.14 pct), Jumbo (1.04 pct) and Ellaktor (0.93 pct) scored big gains among blue chip stocks, while Piraeus Bank (4.84 pct), Eurobank (4.43 pct) and Alpha Bank (3.85 pct) suffered the heaviest percentage losses. Among market sectors, Raw Materials (2.14 pct) and Personal Products (0.88 pct) scored big gains, while Banks (3.66 pct), Travel (1.99 pct) and Commerce (1.45 pct) suffered heavy losses.
National Bank and Piraeus Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 55 to 34 with another 28 issues unchanged. AXON Holdings (16.67 pct), Progressive (11.11 pct) and Dionic (9.42 pct) were top gainers, while Medicon (20 pct), ANEK (10 pct) and Intrakat (9.68 pct) were top losers.
ADEX closing report
The February contract on the FTSE/ASE Large Cap index was trading at a discount of 0.34 pct in the Athens Derivatives Exchange on Monday. Volume on the Big Cap index totaled 2,399 contracts with 7,774 open positions in the market. Volume in futures contracts on equities totaled 53,873 contracts with investment interest focusing on National Bank’s contracts (22,463), followed by Alpha Bank (4,393), Piraeus Bank (17,056), Eurobank (7,998), MIG (451), OTE (158), PPC (217), OPAP (225), Mytilineos (510), Viohalco (86) and Ellaktor (65).