Stocks fin­ish week lower

Kathimerini English - - Focus -

Apart from the gen­eral air of un­cer­tainty, lit­tle could be drawn from yes­ter­day’s ses­sion at the Greek bourse as the bench­mark barely budged and turnover dropped back below 30 mil­lion eu­ros. The dis­tance that re­mains be­tween Athens and the coun­try’s cred­i­tors on a num­ber of is­sues does not bode well for next week ei­ther.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 648.59 points, shed­ding 0.04 per­cent from Thurs­day’s 648.85 points. On a weekly ba­sis it de­clined 0.18 per­cent, record­ing its first week of losses af­ter three weeks of gains. The large-cap FTSE 25 in­dex con­tracted 0.03 per­cent to 1,727.49 points.

The banks in­dex ended down 0.52 per­cent, led by Pi­raeus with a 2.81 per­cent drop, al­though Al­pha ad­vanced 0.58 per­cent. Aegean Air rose 3.46 per­cent, while Pub­lic Power Cor­po­ra­tion gave up 3.21 per­cent and Terna En­ergy de­clined 2.07 per­cent.

In to­tal 54 stocks posted gains, 40 took losses and 36 stayed un­changed.

Turnover amounted to 29 mil­lion eu­ros, down from Thurs­day’s 32.1 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change shrank 0.09 per­cent to 66.49 points.

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