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Greek stocks end at lowest level since mid-December 2017

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Greek stocks remained under strong pressure pushing the general index of the market to its lowest levels since mid-December 2017. Selling activity focused on Folli Follie’s shares (-24.88 pct) and bank shares.

The general index of the market fell 1.79 pct to end at 770.89 points, its lowest closing since December 15, 2017, after rising 1.16 pct early in the session. The Large Cap index fell 1.52 pct and the Mid Cap index ended 1.50 pct lower. Turnover was 57.067 million euros in volume of 37,910,469 shares.

Sarantis (4.26 pct), Terna Energy (0.97 pct) and Jumbo (0.57 pct) scored big gains among blue chip stocks, while Folli Follie (24.88 pct), Piraeus Bank (5.11 pct), Eurobank (3.79 pct), PPC (3.35 pct) and Lamda Development (3.33 pct) suffered heavy losses. Among market sectors, Personal Products (1.05 pct) and Telecoms (0.28 pct) scored gains, while Commerce (23.32 pct), Banks (3.44 pct) and Financial Services (3.16 pct) suffered losses. National Bank and MIG were the most heavily traded securities of the day. Broadly, decliners led advancers by 84 to 37 with another 24 issues unchanged. Minerva (30 pct), Sidma (20 pct) and Kreka (19.61 pct) were top gainers, while Folli Follie (24.88 pct), G.E.Dimitriou (16.22 pct) and Lavipharm (12.04 pct) were top losers.

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