Ner­vous­ness takes weekly loss to 2.5 pct

Kathimerini English - - Focus -

The bench­mark in­dex of the Greek bourse de­clined for the fourth ses­sion in a row yes­ter­day, in line with its in­ter­na­tional peers, where the gen­eral feel­ing was one of ner­vous­ness as to what the po­lit­i­cal land­scape will look like af­ter the US elec­tion on Tues­day. This also ex­plains the very low trad­ing vol­ume at Athi­non Av­enue.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 573.92 points, shed­ding 0.75 per­cent from Thurs­day’s 578.23 points. On a weekly ba­sis it gave up 2.51 per­cent.

The large-cap FTSE 25 in­dex fell 1.24 per­cent to 1,510.38 points yes­ter­day, while mid-caps added 0.03 per­cent.

Banks shrank 1.43 per­cent, with Na­tional drop­ping 2.20 per­cent, Pi­raeus con­ced­ing 1.42 per­cent and Al­pha slip­ping 1.35 per­cent.

The day’s blue chip cham­pion was EYDAP (up 3.85 per­cent), which out­per­formed Pub­lic Power Cor­po­ra­tion (1.42 per­cent) and METKA (1.32 per­cent).

El­lak­tor slid 3.45 per­cent and Jumbo gave up 3.21 per­cent af­ter its man­age­ment an­nounced it is in­creas­ing the div­i­dend it will dis­trib­ute by 33 per­cent, from 27 cents to 36 cents per share.

In to­tal 38 stocks reg­is­tered gains, 61 posted losses and 20 re­mained un­changed.

Turnover amounted to just 26.2 mil­lion eu­ros, down from Thurs­day’s 33.6 mil­lion.

The gen­eral in­dex of the Cyprus Stock Ex­change in Ni­cosia re­bounded 0.53 per­cent to close at 66.60 points.

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