Greek stocks continue losing ground

Greek stocks remained under heavy pressure in the Athens Stock Exchange on Wednesday, pushing the general index of the market below the 700-point support level. The index fell 1.99 pct to end at 696.09 points, the lowest closing since April 24, 2017. The index is down 6.31 pct in the last five sessions, with the bank index losing 17.28 pct during this period.

The Large Cap index fell 2.43 pct and the Mid Cap index ended 1.44 pct lower. Turnover was 70.172 million euros in volume of 28,963,153 shares.

GEK Terna (3.01 pct), Hellenic Petroleum (2.09 pct) and Terna Energy (0.99 pct) scored gains among blue chip stocks, while National Bank (6.70 pct), Athens Water (5.29 pct) and Eurobank (4.96 pct) suffered losses. Among market sectors, Health (1.91 pct) and Oil (1.12 pct) scored gains, while Banks (4.56 pct) and Food (3.22 pct) suffered losses. Eurobank and Alpha Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 71 to 40 with another 14 issues unchanged. Livanis Publications (18.52 pct), SIDMA (17.65 pct) and G.E. Dimitriou (15.91 pct) were top gainers, while Forthnet (13 pct), Epilektos (10 pct) and Vioter (9.84 pct) were top losers.

Source ANA-MPA
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