Stocks give up 0.78 percent
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.