General index falls at ASE after seven straight sessions of gains

The general index eased 0.31 percent to close at 867.51 points

General index falls at ASE after seven straight sessions of gains

Stocks at the Athens Stock Exchange (ASE) ended slightly lower on Thursday in what traders termed a “rectification” of the market following a week-long rally, which pushed the general index up by 4.99 percent.

The general index eased 0.31 percent to close at 867.51 points. The Large Cap index ended 0.59 percent down and the Mid Cap index eased 0.28 percent. Turnover was a low to moderate 56.55 million euros in volume of 28,839,069 shares.

Ellaktor (1.68 percent), Piraeus Bank (1.46 percent) and Motor Oil (1.35 percent) scored big gains among blue chip stocks, while National Bank (-3.75 percent), Athens Water (-2.92 percent) and Hellenic Petroleum (-1.52 percent) suffered heavy losses.

In terms of market sectors, Food (1.32 percent) and Health (0.64 percent) were up, while Commerce (-1.15 percent) fell.

Alpha Bank and Eurobank were the most heavily traded shares of the day. Broadly, decliners led advancers by 61 to 51, with another 25 issues unchanged. Xylemporia (29.91 percent) and Sato (18.18 percent) were top gainers, while AAA (-15.38 percent) and Vioter (-9.09 percent) were biggest losers.

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