Greek stocks ease on profit taking
Greek stocks ease on profit taking
9/7/2003 17:08
Greek stocks ended lower in the Athens Stock Exchange on Wednesday as investors continued taking profits particularly in blue chip stocks. The general index ended 0.49 percent lower at 1,996,93 points with turnover a moderate 157.5 million euros. The Cement, Investment and Holding suffered the heaviest percentage losses of the day (1.72 percent, 1.32 percent and 1.23 percent, respectively), while the Food-Beverage (2.09 percent), Textile (1.42 percent) and the Wholesale sector (1.25 percent) scored the biggest percentage gains. The FTSE/ASE 20 index for blue chip and heavy traded stocks fell 1.0 percent, the FTSE/ASE MID 40 index rose 0.34 percent, the FTSE/ASE SmallCap 80 index jumped 1.57 percent and the wider FTSE/ASE 140 index eased 0.50 percent. Broadly, advancers led decliners by 196 to 129 with another 42 issues unchanged. The Greek Soccer Pool Organisation (OPAP) on Wednesday launched its initial public offering with a share price range of 8.50 to 9.70 euros. The Piraeus Port Organisation will launch its initial public offering July 22-25 by floating a 25 percent equity stake in the market.

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