Stocks slide in line with the rest of Europe on UK vote

Kathimerini English - - Focus -

Stocks across Europe felt the pres­sure yes­ter­day af­ter snap elec­tions were called in Great Bri­tain, lead­ing the Greek mar­ket’s bench­mark al­most 1 per­cent lower as trad­ing re­sumed af­ter the Easter break. Turnover was ex­cep­tion­ally low since many in­vestors ap­peared to have ex­tended their hol­i­days.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 677.30 points, shed­ding 0.92 per­cent from Thurs­day’s 683.57 points.The large-cap FTSE 25 in­dex con­tracted 1.07 per­cent to 1,806.33 points.

Banks dropped 1.01 per­cent, with Alpha los­ing 1.72 per­cent and Na­tional 1.18 per­cent, while Eurobank grabbed 0.51 per­cent.

Jumbo lost 2.48 per­cent and Vio­halco de­creased 2.17 per­cent while GEK Terna grew 1.11 per­cent.

In to­tal 26 stocks en­joyed gains, 61 suf­fered losses and 24 stayed put.

Turnover amounted to just 22 mil­lion eu­ros, down from last Thurs­day’s 28.4 mil­lion.

The Cyprus Stock Ex­change re­mained closed yes­ter­day and re­opens to­day af­ter the Easter hol­i­days.

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