Lo­cal in­dex shrinks by 2 per­cent

Kathimerini English - - Focus -

The en­thu­si­asm sparked by the gov­ern­ment reshuf­fle and the Franco-Ger­man state­ments of sup­port for the Greek econ­omy quickly evap­o­rated, as the lo­cal bourse re­turned to its south­bound course yes­ter­day.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 1,229.43 points, shrink­ing by 1.96 per­cent from last Fri­day’s close at 1,254.02 points. The blue chip FTSE/ATHEX 20 in­dex dropped by 2.52 per­cent to end at 550.57 points.

ATEbank out­per­formed the blue chips with gains of 0.80 per­cent, fol­lowed by OPAP (up 0.71 per­cent) and Coca-Cola HBC (0.34 per­cent). The worst losses were for Hel­lenic Post­bank (down 6.73 per­cent), Bank of Cyprus (5.14 per­cent), Eurobank EFG (5.05 per­cent), Myti­li­neos (4.85 per­cent) and Marfin Pop­u­lar Bank (4.76 per­cent).

In to­tal, 52 stocks moved up, 87 went down and 46 re­mained un­changed. Vioter posted the big­gest rise with gains of 18.75 per­cent to reach an all-time high of 0.84 eu­ros, while Sanyo Hel­las led the losers, shed­ding 12.50 per­cent.

Turnover crashed from 145 mil­lion eu­ros on Fri­day, to a mea­ger 56.5 mil­lion eu­ros yes­ter­day.

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