Na­tional drags in­dex lower

Kathimerini English - - Focus -

The losses sus­tained by bank stocks at the start of the trad­ing week weighed on the Greek bourse bench­mark in what was a rather ner­vous ses­sion in view of yes­ter­day’s Eurogroup meet­ing. As a re­sult, the main in­dex ended lower, even though most other blue chips posted gains.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 644.12 points, shed­ding 0.10 per­cent from Fri­day’s 644.77 points. The large-cap FTSE 25 in­dex ex­panded 0.09 per­cent to 1,719.45 points.

Banks de­clined 1.86 per­cent, with Na­tional slid­ing 6.45 per­cent, Eurobank fall­ing 1.79 per­cent and Pi­raeus giv­ing up 1.21 per­cent. Al­pha bucked the trend, post­ing a rise of 0.61 per­cent.

PPC fell 2.94 per­cent and Gri­valia Prop­er­ties was down 2.51 per­cent, but Mo­tor Oil grew 3.03 per­cent, Coca-Cola HBC added 2.14 per­cent and Folli Fol­lie im­proved 1.71 per­cent.

In to­tal 34 stocks re­ported gains, 68 suf­fered losses and 24 re­mained un­changed.

Turnover amounted to 40.4 mil­lion euros, down from Fri­day’s 50.8 mil­lion.

In Ni­cosia the gen­eral in­dex of the Cyprus Stock Ex­change ad­vanced 1.03 per­cent to 67 points.

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