BUSINESS

ATHEX: Correction after six sessions of growth

TAGS: Stocks

Investors cashed in some of the gains chalked up over six consecutive sessions of growth for local stocks, sending the benchmark into negative territory on Thursday.

The Athens Exchange (ATHEX) general index closed at 623.63 points, shedding 1.41 percent from Wednesday’s 632.51 points. The large-cap FTSE 25 index fell 1.94 percent to 1,682.02 points.

Banks gave up 5.23 percent, as Piraeus dropped 5.77 percent and Eurobank slid 5.61 percent.

In total 31 stocks grew, 61 fell and 20 stayed put.

Turnover amounted to 43 million euros, down from Wednesday’s 76.4 million.

The general index of the Cyprus Stock Exchange in Nicosia declined 0.32 percent to close at 65.71 points.

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