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
Things to do when visiting Paleokastritsa, CorfuPanos - Jul 21, 2017
Paleokastritsa in Corfu Greece is one of those places that has an otherworldly appeal. Located in the northwest coast of…
Kos airport management reports says facility operating normally, safely; only minor delays citedPanos - Jul 21, 2017
Fraport Greece on Friday morning assured that the airport on the quake-hit island of Kos is operating normally and safely…
Inaugural sale of Greek bank’s NPL portfolio set for AugustPanos - Jul 21, 2017
The inaugural sale of a portfolio of "bad debt" held by Greece's systemic banks is expected in early August, with…