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> Economy

Moderate drop in the ASE

A slight trend downwards

Newsroom June 16 06:26

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Greek stocks ended moderately lower in the Athens Stock Exchange on Monday, remaining on a corrective trend for the fourth successive session. The composite index of the market eased 0.66 pct to end at 1,262.31 points, after rising as much as 0.83 pct during the session, for the net loss of 4.58 pct in the last four sessions. Turnover fell to 91.74 million euros, shrinking below the 100-million-euro level for the first time in 28 sessions.

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The Large Cap index eased 0.56 pct and the Mid Cap index ended 0.66 pct lower. National Bank (1.85 pct), Alpha Bank (1.40 pct), Hellenic Exchanges (1.27 pct) and MIG (1.27 pct) were top gainers among blue chip stocks, while OPAP (3.47 pct), Jumbo (3.12 pct), Terna Energy (2.50 pct) and GEK Terna (2.34 pct) were top losers.

The Insurance (1.44 pct), Financial Services (1.27 pct) and Banks (0.84 pct) sectors scored big gains, while Travel (2.97 pct), Personal Products (2.71 pct) and Food (1.84 pct) suffered heavy losses.

Broadly, decliners led advancers by 69 to 53, with another 22 issues unchanged. AXON Holdings (19.35 pct), Perseus (18.64 pct) and Dionic (14 pct) were top gainers, while Varvaressos (20 pct), Pegasus (20 pct) and Geniki Bank (14.22 pct) were top losers.

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