Bourse shakes pres­sure off to erad­i­cate early losses

Kathimerini English - - Focus -

The Greek stock mar­ket suc­cumbed to pres­sure early yes­ter­day but even­tu­ally nar­rowed its morn­ing losses al­most down to zero by the close.

The Athens Ex­change (ATHEX) gen­eral in­dex ended at 656.92 points, down less than 0.01 per­cent from Tues­day’s 656.96 points. The large-cap FTSE-25 in­dex con­tracted 0.39 per­cent to 1,720.96 points, while the mid-cap in­dex ex­panded 0.46 per­cent.

The banks in­dex slipped 0.41 per­cent, as Eurobank lost 3.55 per­cent and Pi­raeus gave up 0.11 per­cent, while Na­tional im­proved 1.05 per­cent and Al­pha ad­vanced 0.75 per­cent. Dragged lower by par­ent com­pany Eurobank, Gri­valia Prop­er­ties lost 3.30 per­cent, just as Lamda Devel­op­ment jumped 3.74 per­cent.

In to­tal 41 stocks posted gains, 46 took losses and 34 closed un­changed.

Turnover amounted to 34.1 mil­lion eu­ros, drop­ping from Tues­day’s 55.8 mil­lion. This was largely due to US mar­kets be­ing closed on the day.

In Ni­cosia the Cyprus Stock Ex­change gen­eral in­dex de­clined 0.42 per­cent to close at 66.53 points.

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