Greek stocks end the week 3.39 pct lower
Greek stocks fell for the fourth successive session in the Athens Stock Exchange on Friday, under the pressure of selling activity in bank shares.
The composite index of the market fell 1.33 pct to end at the day’s lows of 677.43 points, after rising as much as 0.43 pct early in the session. The index ended the week with a net loss of 3.39 pct, for a loss of 18.0 pct so far this year. The bank index ended the week 19.57 pct lower.
The Large Cap index fell 2.07 pct and the Mid Cap index ended 0.28 pct lower.
Turnover was a low 44.704 million euros in volume of 304,829,631. Viohalco (1.36 pct), Hellenic Petroleum (0.97 pct) and PPC (0.21 pct) were the only blue chip stocks to end higher, while Alpha Bank (11.82 pct), OPAP (3.84 pct), National Bank (3.67 pct), Lamda Development (3.60 pct) and Grivalia Properties (2.40 pct) suffered the heaviest percentage losses of the day.
Among market sector, Chemicals (1.46 pct) and Insurance (0.63 pct) scored big gains, while Banks (5.08 pct), Travel (3.23 pct) and Health (2.83 pct) suffered losses.
Broadly, decliners led advancers by 59 to 49 with another 20 issues unchanged. Lavipharm (20 pct), Medicon (19.23 pct) and Vioter (19.19 pct) were top gainers, while Ionian Hotels (20 pct), Kreka (20 pct) and Varvaresos (19.05 pct) were top losers.
You may be interested
Greece Should Do Better on Transgender Legal RecognitionPanos - Sep 26, 2017
This week, Greece’s parliament will start debating proposed legislation to amend the country’s law on legal gender recognition – or…
Dijsselbloem: Greece must wrap up review rapidly to start talks on bailout exitPanos - Sep 26, 2017
Greece must wrap up an upcoming bailout review quickly to pave the way for a “clean” bailout exit next summer…
Piraeus Port Authority reports higher profits, turnover for H1 2017Panos - Sep 26, 2017
The Cosco-managed Piraeus Port Authority (PPA) on Monday announced higher profits and turnover in its H1 2017 results. Specifically, turnover…