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Athens News Agency: News in English, 11-02-22
CONTENTS
[01] Stocks end 2.93% down
[01] Stocks end 2.93% down
Stocks remained under strong selling pressure for the second
consecutive session in the Athens Stock Exchange on Tuesday, with news
of a failed merger attempt between National Bank and Alpha Bank
negatively affecting sentiment in the market. Turbulence in
international markets caused by developments in Libya also affected the
market. The composite index fell 2.93 pct to end at 1,619.36 points,
with turnover a moderate 134.095 million euros. The Big Cap index fell
3.16 pct, the Mid Cap index ended 2.18 pct down and the Small Cap index
fell 3.35 pct. Hellenic Postbank (5.95 pct), Marfin Popular Bank (5.31
pct), PPC (5.06 pct), Cyprus Bank (4.79 pct) and Eurobank (4.17 pct)
were top losers among blue chip stocks. National Bank�s share fell 2.11
pct and Alpha Bank�s share ended 2.58 pct down.
Only the Commerce sector ended higher (0.45 pct), while Utilities (4.94
pct), Health (4.77 pct) and Raw Materials (4.44 pct) suffered the
heaviest percentage losses of the day.
Broadly, decliners led advancers by 146 to 35 with another 31 issues
unchanged. Alsinco (10 pct), Attica Publications (10 pct) and Lanakam
(8.33 pct) were top gainers, while Neorio Shipyards (14.29 pct),
Unibios (12.5 pct) and TBank (11.11 pct) were top losers.
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