Greek stocks ended lower in the Athens Stock Exchange on Thursday, with turnover falling considerably compared with the two previous sessions. Investors were consolidating part of the short-term profits achieved in the last three sessions, during which the general index jumped 3.77 percent.
Bank shares were at the center of the selloff. The index ended 0.60 pct lower at 762.49 points, after rising as much as 0.41 pct early in the session. The Large Cap index fell 0.62 pct and the Mid Cap index eased 0.48 pct. Turnover was a low 37.797 million euros in volume of 43,555,524 shares.
GEK-Terna (1.65 pct), Sarantis (1.63 pct) and HELEX (1.25 pct) scored big gains among blue chip stocks, while Attica Bank (-5.26 pct), Eurobank (-3.92 pct) and National Bank (-3.38 pct) suffered heavy losses. Among market sectors, Personal Products (1.17 pct), Financial Services (0.76 pct) and Telecommunications (0.57 pct) scored big gains, while Health (-3.45 pct), Banks (-2.90 pct) and Utilities (-0.79 pct) suffered losses. National Bank and MIG were the most heavily traded securities of the day.
Broadly, decliners led advancers by 57 to 44 with another 26 issues unchanged. Lanakam (20 pct), SIDMA (20 pct) and Vioter (19.05 pct) were top gainers, while Sfakianakis (-19.86 pct), Varvaresos (-19.48 pct) and Forthnet (-17.09 pct) were top losers.
ADEX closing report
The November contract on the FTSE/ASE Large Cap index was trading at a premium of 0.07 pct in the Athens Derivatives Exchange on Thursday. The FTSE/ASE Large Cap index closed at 2,003.61 points, registering losses of 0.62 pct.
Volume on the Large Cap index totaled 947 contracts with 4,579 open positions in the market.
Volume in futures contracts on equities totaled 90,121 contracts, with investment interest focusing on National Bank’s contracts (61,610), followed by Alpha Bank (7,718), Piraeus Bank (3,668), Marfin Investment Group (3,302), OTE (505), Mytilineos (299), Viohalco (208), PPC (198), Hellenic Petroleum (151), OPAP (100), Ellaktor (82) and Intralot (15).