Stocks give up 0.78 per­cent

Kathimerini English - - Business & Finance -

Greek stocks slipped 0.78 per­cent yes­ter­day as in­vestors chipped away at some of last week’s gains with eyes firmly fo­cused on steps that could help solve the coun­try’s debt cri­sis and re­store sen­ti­ment.

The Athens bourse’s bench­mark gen­eral in­dex ended at 1,323.27 points, af­ter adding more than 5 per­cent last week.

The blue chip FTSE/ATHEX 20 in­dex re­treated 1.01 per­cent to 599.04 points.

Na­tional Bank gave up 2.29 per­cent to end at 5.13 eu­ros and Pi­raeus Bank slipped 1.82 per­cent to 1.08 eu­ros.

Eurobank EFG ended at 3.35 eu­ros, off 2.05 per­cent, while Marfin In­vest­ment Group shed 4.29 per­cent to 0.67 eu­ros.

ATEbank, which traded exrights to­day as part of a 1.26bil­lion-euro share cap­i­tal boost, out­per­formed, adding 10 per­cent to 1.32 eu­ros.

Power com­pany PPC also ad­vanced, ris­ing 0.21 per­cent to 9.77 eu­ros, and Coca-Cola Hel­lenic added 1.14 per­cent to 17.70 eu­ros.

Con­struc­tion group El­lak­tor dropped 1.90 per­cent to 2.58 eu­ros. De­spite weak­ness in the sec­tor, Pro­ton Re­search re­it­er­ated its out­per­form rat­ing on El­lak­tor and kept its tar­get price un­changed on the stock at 6.80 eu­ros.

Turnover reached 63 mil­lion eu­ros.

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