Greek stocks ended lower for the third successive session in the Athens Stock Exchange on Wednesday, unable to hold on to their initial gains, pushing the general index of the market below the 730-point level. Selling activity focused on selected blue chip stocks such as PPC, ADMIE and Attica Bank. The general index fell 0.40 pct to end at 727.53 points, after rising as much as 0.86 pct early in the session.
The Large Cap index fell 0.35 pct and the Mid Cap index eased 0.84 pct. Turnover was a thin 48.954 million euros in volume of 42,019,295 shares.
Eurobank (3.29 pct), Lamda Development (2.05 pct) and Folli Follie (1.82 pct) scored big gains among blue chip stocks, while Attica Bank (6.06 pct), PPC (5.41 pct) and Ellaktor (4.52 pct) suffered heavy losses. Among market sectors, Health (13.24 pct), Commerce (1.79 pct) and Telecoms (0.97 pct) scored big gains while Utilities (4.58 pct), Financial Services (1.84 pct) and Industrial Products (1.67 pct) suffered losses.
National Bank and Eurobank were the most heavily traded securities of the day. Broadly, decliners led advancers by 61 to 40 with another 15 issues unchanged. Livanis Publications (17.81 pct), Health (13.24 pct) and Sidma (10.61 pct) were top gainers, while Pairis (26.33 pct), Vioter (10.34 pct) and FG Europe (9.68 pct) were top losers.