Week shaves 2 pct off in­dex

Kathimerini English - - Focus -

This time the main in­dex of the Greek stock mar­ket lost its grip on the 640point level yes­ter­day, post­ing losses of just over half a per­cent­age point at the end of the ses­sion on pro­longed un­cer­tainty re­gard­ing the com­ple­tion of the sec­ond bailout re­view and the par­tic­i­pa­tion of the In­ter­na­tional Mon­e­tary Fund in the Greek pro­gram.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 639.16 points, shed­ding 0.52 per­cent from Thurs­day’s 642.51 points. On a weekly ba­sis it de­clined 1.92 per­cent.

The large-cap FTSE 25 in­dex con­tracted 0.66 per­cent to close at 1,712.90 points, while small-caps ex­panded 0.76 per­cent.

The banks in­dex dropped for a sixth con­sec­u­tive ses­sion, by 0.90 per­cent, record­ing weekly losses of 6.32 per­cent. Eurobank was the only core lender to see its stock grow, by 0.64 per­cent, as Pi­raeus con­ceded 1.52 per­cent, Na­tional fell 1.25 per­cent and Al­pha lost 1.09 per­cent.

In to­tal 49 stocks grew, 52 shrank and 20 stayed put. Turnover came to 38.1 mil­lion eu­ros, up from Thurs­day’s 27.1 mil­lion.

In Nicosia the gen­eral in­dex of the Cyprus Stock Ex­change fell 0.51 per­cent to close at 69.77 points.

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