Greek stocks end 2.58 pct lower

Greek stocks remained under pressure for the seventh successive session in the Athens Stock Exchange, pushing the composite index of the market below the 1,250-point technical support level on Friday.

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Traders said market sentiment was hit by a negative trend prevailing in international markets. The composite index ended at 1,250.80 points, down 2.58 pct, for a net loss of 7.55 pct in the last seven session. The index ended the week with a net loss of 4.86 pct, reducing its gains so far this year to 7.58 pct according to ANA-MPA

The Large Cap index fell 2.95 pct and the Mid Cap index ended 1.47 pct lower. MIG (1.27 pct) and Motor Oil (0.56 pct) were the only blue chip stocks to end higher, while National Bank (7.25 pct), Hellenic Exchanges (5.51 pct), Terna Energy (5.01 pct) and Alpha Bank (4.37 pct) suffered the heaviest percentage losses of the day.

The Media sector (7.99 pct) was the only one to end higher, while Banks (4.89 pct), Travel (4.27 pct) and Financial Services (3.25 pct) were top losers. Broadly, decliners led advancers by 99 to 31 with another 22 issues unchanged. Sato (20 pct), Spider (16.67 pct) and Hellenic Fish Farms (16.18 pct) were top gainers, while PC Systems (19.63 pct), Dionic (19.57 pct) and Progressive (15.32 pct) were top losers.