Greek stocks ended lower in the Athens Stock Exchange on Tuesday

Greek stocks ended lower in the Athens Stock Exchange on Tuesday, pushing the composite index of the market below the 590-point level, while turnover shrank to below 20 million euros. Investors remained on the sidelines awaiting the outcome of negotiations between Greek authorities and the institutions over a second review of the Greek programme.

The composite index of the market fell 0.70 pct to end at 588.95 pct, off the day’s lows of 588.21 points. The Large Cap index fell 0.91 pct and the Mid Cap index ended 0.40 pct higher. Turnover was an extremely thin 19.377 million euros in volume of 30,132,686 shares.

Athens Water (1.12 pct), Motor Oil (0.82 pct) and Grivalia Properties (0.58 pct) scored the biggest percentage gains of the day among blue chip stocks, while Eurobank (3.01 pct), PPC (2.31 pct) and National Bank (2.08 pct) suffered heavy losses. Among market sectors, Technology (0.56 pct) and Personal Products (0.56 pct) scored big
gains, while Commerce (1.97 pct), Constructions (1.92 pct) and Banks (1.83 pct) suffered losses.

Piraeus Bank and National Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 50 to 36 with another 28 issues unchanged. Sidma (19.75 pct), Dionic (10.28 pct) and Epilektos (9.68 pct) were top gainers, while GE Demetriou (15.79 pct), Unibios (10.48 pct) and Viokarpet (10 pct) were top losers.