Lim­ited losses put an end to se­ries of gains

Kathimerini English - - Front Page -

Af­ter seven ses­sions of growth, the Greek stock mar­ket’s main in­dex fell yes­ter­day, al­though the losses were con­tained dur­ing the clos­ing auc­tions. The shock on in­ter­na­tional mar­kets fol­low­ing the ter­ror­ist at­tack in Nice also had an im­pact on Athi­non Av­enue. In­vestors ap­peared pre­pared to cash in re­cent gains, but only to a cer­tain ex­tent, while trad­ing vol­ume con­tin­ued to drop.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 557.36 points, shed­ding 0.97 per­cent from Thurs­day’s 562.84 points. It was down 1.95 per­cent mid-ses­sion. On a weekly ba­sis it ex­panded 3.77 per­cent.

The large-cap FTSE 25 in­dex con­tracted 0.77 per­cent to end at 1,518.38 points, with the banks in­dex de­clin­ing 2.06 per­cent.

Eurobank was the worst off among blue chips, giv­ing up 6.98 per­cent, fol­lowed by El­lak­tor (down 4.96 per­cent) and Folli Fol­lie (3.35 per­cent). OPAP gam­ing com­pany out­per­formed with gains of 1.88 per­cent.

In to­tal 34 stocks re­ported gains, 50 sus­tained losses and 16 re­mained un­changed.

Turnover came to just 47 mil­lion eu­ros, down from Thurs­day’s 49.2 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change de­creased 0.61 per­cent to close at 65.45 points.

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