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Non-banking stocks prop up benchmark

Despite the fact that banks came under major pressure on Thursday in anticipation of the stress test results, the local bourse’s other blue chips supported the benchmark index at Wednesday’s levels, with rising stocks edging out the losers.

The Athens Exchange (ATHEX) general index closed at 1,319.03 points, slipping just 0.04 percent from Wednesday’s 1,319.59 points. The large-cap FTSE/ATHEX 25 inched up 0.03 percent to 426.07 points, but mid-caps fell a considerable 2.53 percent.

Frigoglass (up 3.96 percent), OPAP (2.74 percent) and Intralot (2.22 percent) were the day’s biggest gainers, while Piraeus Bank led the losers with a drop of 4.78 percent, followed by Marfin Investment Group, which gave up 4.02 percent.

In total, 71 stocks recorded gains, 69 suffered losses and 23 stayed put.

Turnover amounted to 117.1 million euros, up from Wednesday’s 87.7 million.

ekathimerini.com , Thursday March 6, 2014 (19:52)  
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