BUSINESS

Greek stocks slide 1.91 percent

TAGS: Stocks

The Greek stock exchange ended a lackluster week with another disappointing session on Friday, as the general price index closed at 561.32 units, recording a 1.91 percent drop.

The value of transactions remained low at just 15.75 million euros on less than 20 million shares traded, posing a threat to the viability of 32 private stockbrokerages.

The banking sector was the Achilles heel of Friday’s session.

The final week of August will include the results of the first half of the year for Hellenic Petroleum on August 25, while the results will be in for Motor Oil and OPAP by the end of the month.

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