ECONOMY

Profit-taking takes index below 3,600 pts again

Greek stocks headed south across the board yesterday as investors cashed in on the gains of the three previous sessions. Other European markets tended to stabilize. The Athens Stock Exchange general index ended 0.86 percent lower at 3,579.75 points. All capitalizations lost ground. The blue chip FTSE/ASE 20 index shed 0.92 percent, the FTSE/ASE Mid-Cap 40 declined 0.78 percent and the FTSE/ASE Small-Cap 80 fell 1.12 percent. Most sectoral indices finished lower, including heavyweight banks and telecoms. Only textiles, wholesale trade and holdings ended higher. Among blue chips, the heaviest losers were Hyatt (-2.43 percent), Coca-Cola HBC (-2.02 percent), National Bank (-1.87 percent), OPAP (-1.57 percent), Cosmote (-1.38 percent) and Eurobank (-1.36 percent). By contrast, Hellenic Technodomiki continued its ascent with gains of 2.68 percent, Folli-Follie with 2.83 percent after its recent slide, Motor Oil with 0.92 percent, the Public Power Corporation with 0.67 percent, Emporiki Bank with 0.47 percent and Titan with 0.48 percent. Turnover rose to 304.62 million euros, of which 114 million was prearranged block trades. The most marketable securities were Rokas, OPAP and Alpha Bank.