Greek stocks ended moderately lower on the Athens Stock Exchange on Wednesday as investors took profits after the previous two days’ rally. Traders said market sentiment remained positive on the bank of a rescue deal for Credit Suisse and the release of positive reports on the Greek banking sector by international credit rating agencies.
The general index of the market eased 0.45% to close at 1,044.96 points, after rising as much as 1.07% during the day. The Large Cap index ended 0.72% lower and the Mid Cap index ended 0.02% up. Turnover was 75.69 million euros in volume of 27,215,925 shares. Ellaktor (2.81%), Coca Cola HBC (2.18%) and Piraeus Port (1.49%) scored big gains among blue chip stocks, while PPC (-2.38%), Jumbo (-2.13%) and Sarantis (-2.07%) suffered losses. Among market sectors, Health (3.13%) and Food (2.15%) moved up, while Personal Products (-1.79%) and Utilities (-1.74%) moved down. Alpha Bank and Piraeus Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 50 to 42 with another 27 issues unchanged. Sato (14.29%) and Attica Bank (9.86%) were top gainers, while Bitros (-7.83%) and Space Hellas (-4.44%) were top losers.