Greek stocks end lower as turnover drops to new record lows

Greek stocks ended lower in the Athens Stock Exchange on Wednesday as investment idleness dominated. This reflected on turnover which dropped to a new record low for 2016.

The composite index of the market fell 0.86 percent to end at 567.49 points. Turnover totaled just 13.677 million euros in a volume of 21,252,121 shares. The Large Cap index fell 0.89 percent while the Mid Cap index rose 0.39 percent.

Eurobank (1.86 pct), Ellaktor (0.76 pct) and Jumbo (0.37 pct) were top gainers among blue chip stocks, while PPC (2.86 pct), Alpha Bank (2.42 pct) and National Bank of Greece (2.14 pct) recorded the biggest percentage losses of the day.

Among market sectors, Chemicals (2.14 pct), Technology (0.64 pct) and Personal & Domestic Products (0.51 pct) scored gains, while Utilities (1.88 pct), Trade (1.65 pct) and Banks (1.43 pct) suffered losses.

National Bank and Cyprus Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 45 to 34 with another 27 issues unchanged. Pasal (20 pct), Alpha Astika Akinita (19.67 pct) and G.E. Dimitriou (19.23 pct) were top gainers, while Inform Lykos (10 pct), Halcor (10 pct) and Intrakat (9.85 pct) were top losers.

Read more here.

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