Greek stocks end lower on Monday

Greek stocks ended lower in the Athens Stock Exchange on Monday, pushing the general index of the market below the 820-point level. Traders said selling activity focused on PPC’s share, which lost 9.47 pct. The company’s management dismissed recent negative press reports saying they were aiming to hurt its shareholders.

The index fell 0.78 pct to end at 815.99 points, off the day’s lows of 808.6 points. The Large Cap index fell 0.41 pct and the Mid Cap index ended 1.09 pct lower. Turnover was a low 40.273 million euros in volume of 36.5 million shares.

Coca Cola HBC (2.53 pct), Eurobank (1.49 pct) and National Bank (1.48 pct) scored big gains among blue chip stocks, while PPC (9.47 pct), Folli Follie (3.73 pct) and Alpha Bank (3.14 pct) suffered heavy losses. Among market sectors, Food (2.48 pct), Real Estate (1.17 pct) and Health (0.61 pct) scored gains, while Technology (3.94 pct), Commerce (3.53 pct) and Utilities (2.83 pct) suffered losses. National Bank and Eurobank were the most heavily traded securities of the day.

Broadly, decliners led advancers by 75 to 40 with another 27 issues unchanged. Foodlink (18.95 pct), Lavipharm (10 pct) and Evrofarma (9.40 pct) were top gainers, while Spyrou Farm (24 pct), Varagis (13.10 pct) and Sato (10.58 pct) were top losers.

Source ANA-MPA
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