Stocks gave up early gains and turned negative at midday trade, despite Europe’s recoveries. The trading pattern remains the same for some days now, efforts for rebound in early trade and then intra-day profit taking which is responsible for the negative closing signs. The sentiment remains fragile and investors are reluctant to add exposures. 

At 1407 local time, the general share index fell 0.6% to 1147 points, breaking the support area of 1162-1152 point. Banks were broadly in line with the wider market. 

Notable movers were Cenergy -4.8%, Coca Cola HBC -2.8%, Eurobank -2.4%, GEK Terna -1.6%. In contrast, Terna was up 2.6%.