Greek stocks ended slightly lower in the Athens Stock Exchange on Thursday with investors remaining on the sidelines awaiting news from a Euro Working Group meeting later today. The composite index fell below the support level of 610 points, while turnover also shrank significantly. The index fell 0.34 pct to end at 608.79 points, off the day’s lows of 602.43 points.
The Large Cap index fell 0.42 pct and the Mid Cap index ended 0.01 pct higher. Turnover was a thin 37.25 million euros in volume of 75,144,358 shares. Sarantis (3.25 pct), Eurobank (1.73 pct) and Motor Oil (1.72 pct) scored the biggest percentage gains of the day, while Jumbo (2.02 pct), PPC (1.96 pct) and Folli Follie (1.91 pct) suffered heavy losses. Among market sectors, Oil (1.53 pct) and Real Estate (1.09 pct) scored big gains, while Commerce (1.91 pct) and Telecoms (1.52 pct) suffered losses.
National Bank and Piraeus Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 51 to 44 with another 33 issues unchanged. Moda Bagno (28.57 pct), Minerva (26.92 pct) and AXON Holdings (20 pct) were top gainers, while G.E. Demetriou (20 pct), Alpha Grissin (19.35 pct) and Tzirakian (18.18 pct) were top losers.
ADEX closing report
The February contract on the FTSE/ASE Large Cap index was trading at a discount of 0.37 pct in the Athens Derivatives Exchange on Thursday. Volume on the Big Cap index totaled 5,798 contracts with 8,157 open positions in the market. Volume in futures contracts on equities totaled 74,597 contracts with investment interest focusing on National Bank’s contracts (31,098), followed by Alpha Bank (6,793), Piraeus Bank (24,074), Eurobank (8,691), MIG (1,682), OTE (253), PPC (678), OPAP (190), Hellenic Exchanges (134), Viohalco (252), Mytilineos (241), GEK Terna (157), Ellaktor (81), Hellenic Petroleum (52), Motor Oil (62) and Jumbo (53).