Greek stocks ended lower again on Tuesday as sellers took the upper hand in the market following Monday’s rebound. Bank shares were at the focus of selling pressure amid negative comments made by Deutsche Bank.
The general index of the market fell 1.84 pct to end at 692.04 points, off the day’s lows of 689.62 points. The Large Cap index dropped 1.62 pct and the Mid Cap index ended 1.54 pct lower. Turnover was 34.336 million euros in volume of 15,068,712 shares.
Hellenic Petroleum (1.66 pct), Coca Cola HBC (1.06 pct) and GEK Terna (0.71 pct) scored big gains among blue chip stocks, while National Bank (8.59 pct), Piraeus Bank (8.14 pct), Alpha Bank (7.24 pct), PPC (5.63 pct) and Eurobank (4.29 pct) suffered heavy losses. Among market sectors, Food (1.05 pct) and Oil (0.63 pct) scored big gains, while Banks (6.91 pct), Health (2.50 pct) and Utilities (2.12 pct) suffered losses.
Eurobank and Alpha Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 66 to 30, with another 20 issues unchanged. Fieratex (17.14 pct), CPI (16.67 pct) and Pasal (16.34 pct) were top gainers, while Boutaris (20 pct), ANEK (17.57 pct) and Kiriakoulis (14.29 pct) were top losers.