Greek stocks ended lower in the last trading day of a turbulent week on the Athens Stock Exchange. Traders said the market was unable to hold on to its early gains, negatively affected by a deteriorating climante on international markets.
The general index of the market dropped 1.14% to close at 1,020.19 points, after rising as much as 1.34% early in the day. The index ended the week with a net loss of 3.41%, losing 9.66% in March but gaining 9.72% so far this year.
The Large Cap index ended 1.12% down and the Mid Cap index fell 1.61%). Turnover was a heavy 177.38 million euros in volumeof 62,214,932 shares.
Sarantis (3.72%), Viohalco (2.17%) and Jumbo (2.01%) scored big gains among blue chip stocks, while Piraeus Bank (-5.94%), National Bank (-5.74%), Alpha Bank (-5.08%) and Ellaktor (-3.70%) suffered heavy losses. Among market sectors, Personal Products (1.78%) and Travel (1.54%) moved up, while Banks (-4.40%) and Oil (-2.58%) moved down. Eurobank and Alpha Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 64 to 34 with another 29 issues unchanged. AAA (19.79%) was top gainer, while Sato (-11.39%) and Kreka (-7.14%) were top losers.