BUSINESS

Troika talks generate uncertainty on Athens bourse

The Greek stock market’s benchmark index suffered the greatest decline in three consecutive southbound sessions on Friday, giving up more than 2 percent on uncertainty generated by the ongoing negotiations between the government and the country’s creditors.

The Athens Exchange (ATHEX) general index closed at 1,318.94 points, contracting 2.04 percent from Thursday’s 1,346.35 points. On a weekly basis it declined by 1.66 percent.

The large-cap FTSE/ATHEX 25 dropped 1.98 percent to 424.25 points.

In total, 38 stocks climbed, 98 dropped and 25 stayed put.

Turnover dropped below the 100-million mark for the first time after 11 sessions, amounting to 84 million euros, down from Thursday’s 113.6 million.

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