Tuesday, March 15, 2011

ASE opening: Decline

Equity prices were declining at the opening of trade on Tuesday on the Athens Stock Exchange (ASE), in a corrective decline following a 5.15 percent surge at Monday's closing, with the basic share price index down 2.10 percent, standing at 1,627.53 points at 11:15 am, and turnover at 42.32 million euros.

    Individual sector indices were moving downward nearly across the board, with the only gains in Oil & Gas, up 0.59 percent; and Construction, up 0.56 percent.

    The heaviest losses were in Mass Media, down 4.66 percent; Banks, down 2.41 percent; and Telecoms, down 2.20 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 2.43 percent, the FTSE/ASE MID 40 index was down 1.94 percent, and the FTSE/ASE-80 small cap index was down 1.66 percent.

    Of the stocks traded, 12 were up, 78 were down, and 19 were unchanged.



source: ANA-MPA