All indices were lower, led down by losses on the blue chip index, which was dropping 0.7 pct to 2,519.1 points. Midcaps and small caps were 0.2 pct lower to 5,791.7 points and 0.4 pct at 885.0 points respectively.

Betting technology Intralot was leading blue chip losses, diving 1.8 pct at 22.86 eur. Its full year net profit was up 49.7 pct year-on-year to 104.6 mln eur against consensus forecasts which expected net profits to jump 57.5 pct to 110.1 mln eur.

Electricity utility Public Power Corp (PPC) was dropping 0.7 pct to 20.00 eur after announcing that full year net fell 80.3 pct year-on-year to 22.1 mln eur from 129.8 mln eur in 2005, much lower than expected. Consensus forecasts saw full year net down 48.4 pct year-on-year to 70 mln eur.

Leading food company Vivartia was jumping 3.1 pct to 16.06 eur after it announced that full year group sales were up 7.8 pct year-on-year to 949.7 mln eur.

Cosmetics and household goods retailer Gr. Sarantis was slipping 0.5 pct to 7.48 eur after stating that it bought back 62,828 of its own shares between 19-23 March at an average price range of 6.817.20 eur per share.

Marfin Popular Bank was 0.2 pct lower at 8.12 eur, outperforming the market, on IRF European Finance Investments Ltd (IRF) releasing an announcement that it acquired a further 3.76 pct stake in Marfin Popular Bank for 226.35 mln eur cash at 7.8 eur per share.

Alpha Bank was losing 1.2 pct at 23.12 eur on statements that it completed sale of its insurance subsidiary Alpha Insurance to French AXA Group for 255 mln eur.

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