Stocks post daily de­cline, weekly rise

Kathimerini English - - Front Page -

The pos­i­tive mood re­gard­ing the progress of the bank re­cap­i­tal­iza­tion process was not enough to keep the Greek bourse bench­mark afloat yes­ter­day as the ma­jor­ity of stocks ended lower.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 685.95 points, shed­ding 1.23 per­cent from Thurs­day’s 694.48 points. On a weekly ba­sis the in­dex added 1.33 per­cent. The large-cap FTSE 25 in­dex con­tracted 1.08 per­cent to end at 205.25 points.

Bank stocks were split, as Al­pha rose 6.67 per­cent and Na­tional gained 3.15 per­cent, while Eurobank slumped 16 per­cent and Pi­raeus fell 2.33 per­cent. Among other blue chips, Ti­tan Ce­ment dropped 4.65 per­cent and Gri­valia Prop­er­ties de­clined 4.63 per­cent.

In to­tal 27 stocks showed gains, 58 took losses and 15 closed un­changed.

Turnover amounted to 48.1 mil­lion eu­ros, just up on Thurs­day’s 47.9 mil­lion.

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