Ad­di­tional losses for lo­cal stocks

Kathimerini English - - Business & Finance -

The Greek bourse slid yes­ter­day to lev­els un­seen since March 1997, as a light at the end of the tun­nel of the Greek cri­sis re­mains elu­sive and in­vestors are still await­ing news of a gen­uine ef­fort to bol­ster mar­ket con­fi­dence.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 1,297.36 points, drop­ping by 1.88 per­cent from Thurs­day’s close at 1,322.27 points. On a weekly ba­sis it lost 4.34 per­cent.

The blue chip FTSE/ATHEX 20 in­dex fell by 2.10 per­cent yes­ter­day to end at 577.61 points.

Only Pub­lic Power Cor­po­ra­tion (up 0.59 per­cent) and toy re­tailer Jumbo (0.20 per­cent) reg­is­tered gains in the week’s last session.

OPAP suf­fered losses of 4.33 per­cent, Vio­halco de­clined by 3.73 per­cent, Bank of Cyprus shed 3.14 per­cent and Myti­li­neos con­tracted by 3.07 per­cent. Na­tional Bank lost 2.30 per­cent to close at 4.67 eu­ros.

In to­tal, 47 stocks moved up, 79 went down and 52 re­mained un­changed. Unibios posted the big­gest rise, with gains of 20 per­cent, while Babis Vovos led the losers, shed­ding 13.45 per­cent.

Turnover came to just 78.2 mil­lion eu­ros, down from 90.5 mil­lion on Thurs­day.

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