ATHEX posts correction
Investorscashed in the gains chalked up over six consecutive sessions of growth for local stocks, sending the benchmark into negative territory.
The Athens Exchange (ATHEX) general index closed at 623.63 points yesterday, shedding 1.41 percent from Wednesday’s 632.51 points. The large-cap FTSE 25 index fell 1.94 percent to 1,682.02 points.
Banks gave up 5.23 percent, as Piraeus dropped 5.77 percent and Eurobank slid 5.61 percent.
In total 31 stocks grew, 61 fell and 20 stayed put. Turnover amounted to 43 million euros, down from Wednesday’s 76.4 million.