Greek stocks end sharply lower on Friday
Greek stocks end sharply lower on Friday
29/8/2003 18:50
Greek stocks ended the last trading session of the week sharply lower in the Athens Stock Exchange, hit by massive profit taking that pushed Hellenic Telecommunications Organisation's shares 7.24 percent down.

The general index dropped 2.02 percent to 2,210.57 points, with turnover a hefty 227,3 million euros. The index ended the week 4.22 percent lower for a net gain of 2.41 percent in the month.

The Cement index was the only one to score gains (up 0.77 percent), while the Telecommunications, Insurance, Holding and IT sectors suffered the heaviest percentage losses of the day (4.11 percent, 3.81 percent, 3.80 percent and 3.42 percent, respectively).

The FTSE/ASE 20 index for blue chip and heavy traded stocks fell 2.30 percent, the FTSE/ASE MID 40 index eased 1.37 percent and the FTSE/ASE SmallCap 80 index dropped 2.38 percent. The wider FTSE/ASE 140 index ended 2.15 percent lower.

Broadly, decliners led advancers by 301 to 45 with another 20 issues unchanged.

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