Bourse suf­fers fresh losses as in­dex de­clines be­low 900 pts

Kathimerini English - - Front Page -

The im­pact of the fail­ure of the DEPA ten­der and the un­rest cre­ated within the govern­ment by the clo­sure of state broad­caster ERT re­sulted in a sec­ond day of ma­jor losses for most Greek stocks, bring­ing the bench­mark in­dex of the mar­ket be­low the 900-point level.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 895.86 points, fall­ing by 4.67 per­cent from Mon­day’s 939.78 points. The large­cap FTSE/ATHEX-25 in­dex con­tracted by 4.55 per­cent to 304.70 points.

The stock of Pi­raeus Bank suf­fered a con­sid­er­able de­cline of 13.45 per­cent upon its re­turn to trad­ing fol­low­ing its re­verse split, but Alpha fared even worse, shed­ding 17.35 per­cent. Jumbo ex­panded by 3.31 per­cent.

In to­tal, 37 stocks posted gains, 101 reg­is­tered losses and 30 re­mained un­changed.

Turnover came to 89.9 mil­lion eu­ros, up from Mon­day’s 55 mil­lion eu­ros.

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