Wor­ries push stocks ever lower

Kathimerini English - - Business & Finance -

As in­vestors ner­vously waited to hear con­fir­ma­tion of mea­sures in the gov­ern­ment’s midterm fis­cal plan and whether rul­ing party deputies will vote for them, the mar­ket took an­other nose­dive yes­ter­day, suf­fer­ing ex­ten­sive losses.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 1,258.97 points, shrink­ing by 2.94 per­cent from Tues­day’s close at 1,297.05 points. The blue chip FTSE/ATHEX 20 in­dex dropped by 3.83 per­cent to end at 561.43 points.

Apart from Coca-Cola HBC, which was a non­mover, all other blue chips reg­is­tered losses, as ATEbank de­clined by 9.09 per­cent, Al­pha Bank lost 7.65 per­cent, El­lak­tor dropped by 6.77 per­cent, Marfin Pop­u­lar Bank shrank by 6.06 per­cent and Vio­halco con­tracted by 6.77 per­cent. Na­tional Bank fell by 3.46 per­cent to 4.75 eu­ros.

In to­tal, 34 stocks moved up, 95 went down and 32 re­mained un­changed. Dionic posted the big­gest rise with gains of 10.53 per­cent to reach an all-time high of 0.84 eu­ros, while Mar­itime Com­pany of Lesvos led the losers, shed­ding 12.50 per­cent.

Turnover came to 79.1 mil­lion eu­ros, up from 70.8 mil­lion eu­ros in the pre­vi­ous session.

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