ASE follows European markets lower on Tuesday
ASE follows European markets lower on Tuesday
8/7/2003 16:54
Greek stocks ended Tuesday's session lower in the Athens Stock Exchange as a wave of profit taking in the last half hour of trading hit blue chip stocks, particularly banks, reversing an earlier advance of prices.
A negative picture in other European markets also affected sentiment in the Greek bourse while gains in the telecommunications sector offered only minor support to the market.
The general index fell 0.44 percent to end at 2,006.71 points, with turnover an improved 222.1 million euros.
The Insurance, Banks and Investment sectors suffered the heaviest percentage losses of the day (1.92 percent, 1.71 percent and 0.98 percent, respectively), while the Telecommunications (1.88 percent), Publication (1.39 percent) and Holding (1.31 percent) sectors scored the biggest percentage gains.
The FTSE/ASE 20 index for blue chip and heavy traded stocks eased 0.47 percent, the FTSE/ASE MID 40 index fell 0.50 percent and the FTSE/ASE SmallCap 80 index rose 0.41 percent.
Broadly, decliners led advancers by 189 to 138 with another 39 issues unchanged.

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