Greek stocks ended sharply lower in the Athens Stock Exchange on Monday

Greek stocks ended sharply lower in the Athens Stock Exchange on Monday, pushing the general index of the market towards the 850-point level, hit by a negative climate prevailing in international markets.

The index dropped 2.48 pct to end at 853.67 points, off the day’s lows of 850.19 points. The Large Cap index fell 2.60 pct and the Mid Cap index ended 1.88 pct lower. Turnover was a moderate 80.557 million euros in volume of 50,256,089 shares.

Grivalia Properties (0.67 pct) was the only blue chip stock to end higher, while National Bank (6.15 pct), Viohalco (4.64 pct), Aegean Airlines (4.03 pct) and GEK Terna (3.81 pct) suffered heavy losses. Among market sectors, Banks (3.84 pct), Commerce (3.79 pct) and Raw Materials (3.01 pct) suffered the biggest losses. National Bank and Alpha Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 104 to 19 with another 18 issues unchanged. Tzirakian (19.44 pct), Eurobank (19.33 pct) and SATO (18.99 pct) were top gainers, while Vioter (20 pct), Sfakianakis (15.13 pct) and AEGEK (14.29 pct) were top losers.