In­dex de­clines 4.95 pct in Jan

Kathimerini English - - Focus -

Buy­ers ex­pect­ing to see Greek stock prices rise yes­ter­day af­ter two ses­sions of ma­jor losses were sorely dis­ap­pointed. The bench­mark and the ma­jor­ity of stocks ended lower, while Greek bond prices also dropped.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 611.75 points, shed­ding 0.38 per­cent from Mon­day’s 614.08 points. On a monthly ba­sis it gave up 4.95 per­cent.

The large-cap FTSE 25 in­dex con­tracted 0.79 per­cent to close at 1,634.97 points, while mid-caps ad­vanced 0.50 per­cent.

Banks lost 1.87 to take their Jan­uary de­cline to 13.04 per­cent. Al­pha fell 2.38 per­cent, Na­tional shrank 1.78 per­cent, Pi­raeus slumped 1.67 per­cent and Eurobank de­creased 1.23 per­cent. Myti­li­neos im­proved 5.40 per­cent, METKA grew 4.70 per­cent and PPC re­bounded 3.60 per­cent, while Ti­tan con­ceded 4.06 per­cent.

In to­tal 43 stocks recorded gains, 47 sus­tained losses and 24 ended un­changed.

Turnover amounted to 50.1 mil­lion eu­ros, down from Mon­day’s 63.4 mil­lion.

In Ni­cosia the Cyprus Stock Ex­change gen­eral in­dex added 0.13 per­cent to close at 68.41 points.

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