Wor­ries send stocks lower

Kathimerini English - - Focus -

Fears of com­pli­ca­tions in Greece’s sec­ond bailout re­view and fur­ther tremors in the runup to the US elec­tions weighed on the ma­jor­ity of Greek stocks yes­ter­day, with the bench­mark giv­ing up close to 1.5 per­cent.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 582.45 points, shed­ding 1.47 per­cent from Mon­day’s 591.13 points. The large­cap FTSE 25 in­dex con­tracted 1.10 per­cent to end at 1,534.86 points.

Banks led the de­cline, with their in­dex drop­ping 3.62 per­cent. Eurobank fell 4.66 per­cent, Pi­raeus slumped 4.64 per­cent, Al­pha gave up 3.21 per­cent and Na­tional was down 2.67 per­cent.

Among other large-caps EYDAP shrank 4.02 per­cent, OTE con­ceded 2.99 per­cent, Ti­tan Ce­ment fell 2.22 per­cent and OPAP de­creased 2.19 per­cent. Aegean Air rose 1.53 per­cent, af­ter sub­sidiary Olympic Air se­cured three more ex­clu­sive do­mes­tic routes, and Hel­lenic Ex­changes climbed 0.44 per­cent.

In to­tal 25 stocks re­ported gains, 62 sus­tained losses and 20 stayed un­changed.

Turnover amounted to 33.9 mil­lion euros, down from Mon­day’s 39.7 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change ad­vanced 0.12 per­cent to close at 66.58 points.

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